The (B) retracement to .786 of (A) has completed (deeper than the .618 retracement I expected) and there is a complete small "5" up and "abc" correction to complete 1 circle and 2 circle of (C).
Long now until ~140 before the next VERY significant leg DOWN....don't get caught...close out anywhere north of 134...
Long now until ~140 before the next VERY significant leg DOWN....don't get caught...close out anywhere north of 134...
Note
(B) of this primary ABC correction has morphed into a triangle rather than terminating and beginning (C) upward. See my updated analysis on gold to see my updated forecast.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.