13 replies to this topic

[fib_1618]

Speaking of breadth, this is the latest XAU/Yahoo chart as of Friday's close to support those who are on the 3rd wave side of the fence. As long as breadth leads price to the upside, the easier it will be to take out the resistance levels mentioned earlier in this thread.

 

Have a good week of trading.

 

Fib

 

 

[dougie]

Interesting juncture to be sure

[AChartist]

big changes when I put tonights future price into next weeks cycle calculation,

 

this is fluid at transition. There is one quite elevated cycle that can pull it up compatible with

 

the excellent daily cycles. One big change is the next low that results in all cycles synchronized up

 

that should be the historical 3 of 3 face ripping tear, could be later at 10 weeks not 5.  So we might make this

 

move and hang a while for that later drop and slingshot up.

[Russ]

looks just like the gold count, 5 up off the low, wave 2 down done and now a 3rd wave up

I agree, the final high of this run that started in December will be March 3 +/- 1 day.