In this video I explain what we are seeing here and what this pattern is.
Given that I have adjusted the type of pattern identified and added the channel, this indicates that the downside is limited.
In order to complete Wave E we need to see the last part of this wave v zig-zag unfold and make one new low.
Entry: At Market
Stop: $1811
Target: $1677
...
If you are taking other peoples advice be careful!
If you are doing like crypto hodlers and economists by extrapolating be warned!
You will get burnt.
In this video I give you some golden nuggets for free but most importantly I prepare you for what comes next.
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Original Gold Short Idea...