Playing contrarian here.
FG you posted a chart of this pattern and you said that sometimes it breaks to the upside.
From an EW perspective, we have a leading diagonal for gold. This is an impulsive wave.
Maybe my count is wrong for the miners and we can make another zizag down to 22-21.5.
Gold can go much lower but IF the correction is over for the miners, gold will follow.
I am dubious Gabe
Hope you are right but using Chartology I am with Plunger
Half Way pattern…down…which sux
Playing contrarian here.
FG you posted a chart of this pattern and you said that sometimes it breaks to the upside.
From an EW perspective, we have a leading diagonal for gold. This is an impulsive wave.
Maybe my count is wrong for the miners and we can make another zizag down to 22-21.5.
Gold can go much lower but IF the correction is over for the miners, gold will follow.