Will the Rule of 3 Apply???
More downside on GLD expected… EWO hasn’t achieved price divergence yet on 2HR Chart….
Maybe we get a Gap Down on Monday or Tuesday??? Gold 1178 hasn’t been tested yet!! Dollar looks set to move up to finish a Wave 1. Gold Yen Ratio needs at least one more lower low per the EWO although a near term correction is due (but needs more time)…..
Yes. Crappy close across the board in metals and miners.
Should blast down Mon and Tues
i was wondering about this in the back of my mind looking at gdxj; but your post brought it to forefront of my attention.. gdxj, like gold.. seems it needs one more push down… i believe you call it the 3 push move… something i learned from you sometime ago.
thanks for your posts