Starr, I am really just a novice when it come to Elliott wave analysis. My guess is this could be “the” possible long term view for the Bull market in gold that start around 2001. So what I see out there is many analysts saying that the impulse wave 1 was from 2001 to 2011. Then corrective wave 2 lasted from 2011 till beginning of 2016. Now many feel the we are in wave 3. That is what I have believed. The duration of time for these waves seems to fit also, IMO. After watching this video, what struck me was the duration of corrective wave 2 from 2011 till 2021 appears to be too long. Can anyone more knowledgeable comment on this aspect of length of the waves?
Starr, I am really just a novice when it come to Elliott wave analysis. My guess is this could be “the” possible long term view for the Bull market in gold that start around 2001. So what I see out there is many analysts saying that the impulse wave 1 was from 2001 to 2011. Then corrective wave 2 lasted from 2011 till beginning of 2016. Now many feel the we are in wave 3. That is what I have believed. The duration of time for these waves seems to fit also, IMO. After watching this video, what struck me was the duration of corrective wave 2 from 2011 till 2021 appears to be too long. Can anyone more knowledgeable comment on this aspect of length of the waves?