i know this isnt gold but i believe they are inversely related. this one seems like it has completed 3 waves down from 12 27 13 and is in a wave 4 down now which means after wave 4 we will be heading lower. thats my take anyway. the implication that i see is lower oil prices ahead fwiw which is bullish for gold imo
uso
Started by
gannman
, Jan 19 2014 06:45 AM
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#1
Posted 19 January 2014 - 06:45 AM
feeling mellow with the yellow metal