This could be A Larger wave B - see previous gold analysis.
Trade active:
Gold: we saw a false breakdown after FOMC - above 1865-75 sees 1900-1910.
Trade active:
Gold touched 1897 today and above 1880 will be very bullish. The USD fell to lows at 89.73 and that is a boost to Bitcoin and the PM sector. The DOW (posted in my ideas) is still in the ED pattern. We can still count it in wave (4) or in wave (5) up. S&P500 Cash closed today at 3722. We are bullish today until tomorrow where we could see a new or lower high. Critical support 3680 – upside targets 3728/30 – 3748/50.
Germany30 and S&P500 Intraday analysis August 23rd. and weekly update 34. Posted at twitter: twitter.com/SP500_Dow