Loading ...Intermediate term gold (EW by Sam)
Not my work, but that of Sam .. same gent I reference in the post with my long term EW for gold.
Lots of folks looking for something quite different. But this is entirely in line with what my own work suggests.
For those who don’t read EW, that’s a nested PAIR of waves 1 and 2. (The first red wave 1 at higher degree is not shown.) That implies a quite nasty wave 3 as it will likely catch many offside. Mark has/had a target of 40 for DUST, and this suggests we get there. Just not straight there.
Melding this chart with the other chart referenced in your post, “3” would be at 960 spring of 2016?
I don’t do targets that far in advance, and especially not price targets.
But sub 1000 for 3 seems probable. I’d expect that earlier in the new year.
I could see 4 and 5 winding up by late spring/early summer at this point.
where does Sam post his charts?
My post with the LT gold EW count points to the site.
First post under Keepers.
thanks, my count agrees with your IV wave and now we descend to the V bottom.