Loading ...Back to gold …. and A CHART …. sorry folks, its just EW … :-)
All the gory details, and link to comments
http://studyofcycles.blogspot.com/2021/08/follow-up-on-gold.html
PS — I think the first chart note re $950 is incorrect.
$1923 to $1045 = $878, not $950. Point stands though.
pedro…If you are saying Gold is going to below 900 ….I am going on record with no reservations in saying NO WAY JOSE.
But you know how I feel about Elliot Waves…I absolutely detest it .
Because I absolutely do not understand it nor do I care to as it is freakishly complex and presumptious…to each his own
Chartology has been very very good to me.
Watching Rambus and ONLY Rambus !!
“If you are saying Gold is going to below 900”
Taverna didn’t say that. Nor did I.
The post script remarks are the deltas from the move down from 2011 to 2015 for the A wave.
You never even glanced at the chart itself.
Agree with FGC. Why try to fit what is going to happen into some preconceived narrative? EW, cycles, etc.Just look at the chart and let it tell you what is happening. And no gold is not going anywhere near last years lows. So far it hasn’t even gotten to this years lows.