Loading ...Elliott Wave ?
http://www.321gold.com/editorials/captainewave/captainewave082318.html
Minimum requirements completed ? – Was calling for a big gold up day with a close above 1204 3-4 days ago when looked dismal at best. Close above 1204 – right shoulder finished. If it’s accurate, are the target projections also right? – Should be a straight up shot . Anybody with expertise in this please advise.
The bearish take would be an expanded flat moving to 1217-1219. If there is a 3 wave pullback from that area and then a new high, it would mean an intermediate low is likely to be in
hey thanks for replying. I don’t know why, but the comment just popped in my inbox now. strange. When you posted your Elliott wave on uranium , was very very helpful. Are you able to do the same for gold ?
Well, if it’s anything like correct, it should lift the mood in here 😉
How goes it north? very interesting to see the wave counts “possibly” play out. Light short covering may turn aggressive. I’m happier with this scenario than a running flat correction further down.
All good here thanks. I’m no Elliot Wave expert, but it’s certainly encouraging, and chimes with my own work. I’m just not certain the dollar is ready to roll over quite yet. What I am certain of though, at some point soon we are going to see a large move up for gold. It could start anytime, but we need a break above $1400 to officially declare the bull back on.