Gold continued ......
My own brand of Elliottwave anal-ysis ....
Since the 2011 top where 5 upwaves were completed since the 2001 low, we are now in an A-B-C correction. When this correction completes the Gold bull will continue up for another 5 wave move that will take it to 4000++
But we have a correction in progress now ..... the hesitation and indecision and coiling could be due to the fact that we are in Wave B, a wave that is notorious for indecision of its participants and coiling is its middle-name.
If this is the scenario then Wave C is yet to come - this wave C will be the tsunami that is titled in this thread.
My own brand of Elliottwave anal-ysis ....
Since the 2011 top where 5 upwaves were completed since the 2001 low, we are now in an A-B-C correction. When this correction completes the Gold bull will continue up for another 5 wave move that will take it to 4000++
But we have a correction in progress now ..... the hesitation and indecision and coiling could be due to the fact that we are in Wave B, a wave that is notorious for indecision of its participants and coiling is its middle-name.
If this is the scenario then Wave C is yet to come - this wave C will be the tsunami that is titled in this thread.