Looking at the xau if this was an impulse wave we would now be under the January lows. And we are not. So this correction will end and we will start a wave 3 up
This is a corrective wave
Started by
gannman
, Dec 01 2016 11:23 AM
4 replies to this topic
#1
gannman
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Posted 01 December 2016 - 11:23 AM
feeling mellow with the yellow metal
#3
Russ
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Posted 01 December 2016 - 11:53 PM
But where?
Gold up 7.55 tonight, and a doji on the 5 hour chart after kissing the gap near 1157, bottom likely in.
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#4
Smithy
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Posted 02 December 2016 - 12:05 AM
Russ, any chance you could post a chart of that 1157 gap? I'm curious.
#5
Russ
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Posted 02 December 2016 - 12:08 AM
I posted it above in a new post but here it is again... a thing of beauty
Edited by Russ, 02 December 2016 - 12:09 AM.
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
