4 replies to this topic

[Geomean]

I just got a fully qualified TDSEQ Countdown 13 in the @GC hourly chart at the 1.272 fib extension from the 1/24 high. Good chance this is a short term top

[Smithy]

Geomean, thanks for your post. It is good to add the spot gold price to a post like this because the price is changing quickly. I estimate that to be around $1240 for your post. TWT

[gannman]

nice call nailed it

[Geomean]

Thx. Missed the last two hrly bar thrust. ;-)

There was also a TDSEQ in the daily chart set to print at the close on 2/8 which also completed and the EW structure appeared complete.

That probably ends the rise for a few weeks, and we'll probably see chop that could even have a new high B wave in it, but it appears that we've started Wave 2 of intermediate wave 3 down so I'm marking fib retracement and will be putting fib extension lines on my chart and watching the DeMark and minor, minute, and minuette wave counts to try to ID the next inflection area.

[dougie]

Wave 2 of 3
Any chance you could please share chart