F
fibo_trader
Entschuldigen Sie bitte,Targets for current Gold Rally ( I have no Long position but will Short the top of this bear rally)
$1827.4 &/or $1865.8. Either one of these 2 targets is normal operation for a bear rally. However, if I have misread the waveount and this is likely due to the short duration of the rally, then it can go all the way to $1937.9 or $1,81. I do not expect it to go this high but hey its not up to me
There is ONE other scenario that Goldie might play to
Target 1925.9 which is close to one of the targets already mentioned but it has more credence and cadance, the latter being from the French Carribbean
see white dashed line 61.8% @ 1,925.9
The general plan in Gold is to Short at upcoming reversal top to be announced when I see it and then ride non-stop in one wave down to $1,000/ounce - then review for my original call of Gold going down to $700/ounce
If it goes like this, then at $700/oz I will stock up on Fort Knox LONG with the real stuff in coins
Yeah baby, sock it to me Jocelyn!