Loading ...GOLD – EW
Possible count for gold. We failed to make a new high and the price action looks corrective.
Target for the pullback: 1303.5 (38.2%), 1290.7 (50%), 1277.9 (61.8%) or more.
Just a week before the FOMC seems logical. Project, Monitor, Adjust …
I wonder what mixed up jibberish will come out this time at the meeting, haven’t heard the old Greenspan term of irrational exuberance yet! 61.8 fib in line with lower boly band by then
Thanks Gabe, Silver seems to be indicating what you’ve just suggested. IMO HR you may be right also. Pivotal next couple days. The dotted red line is being tested as I type at the moment see where it leads?
The dotted red line is more in the 1355 area, imo.
Thanks once again Gabe for your constant updates. Like Ive said before, I look out for your updates and your EW count. Helps me keep on the right path!
I see us bear flagging here at the moment, so next few days/week (Singular) is pivitol. I think the hunt for a DCL is on.