Gold
Only posting this because Curly asked if there was anything that backed up a USD move like below. does this happen? not sure but it is a possibility in my mind. This Wolfe wave is not a technical superstar, it doesn’t adhere to the perfect technical principles and there was no overthrow of the trend at point 5. There is what looks like a focal point of attraction at the 830 mark which also lines up with “rambus’s” old neckline from 2008.
Very interesting chart! That would catch more than a few people off guard, wouldn’t it?
Thanks Randy. But I was kinda hoping you’d come up dry:(