SalN

Jnug to Gold "Gold Chart only"

Short
SalN Updated   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
I just thought that I would post this gold chart all by itself. I think we are almost finished (short term) with dropping in gold and will get a little bounce possibly starting at the end of next week. But the Intermediate cycle is due and that means a left translated cycle. So a medium term bounce up to the black #2 and then down hard.

I will post a zoomed out longer term chart next just so you can see what I believe is occurring.
Comment:
gold weekly chart

Look past all the lines.. I was just posting the very large A , B, C to show. My ABC count is more proportional than others who say the correction ended in December 2015. So I guess we will see who is correct here in the next few months.
Comment:
This monthly chart seems to show it better
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