$XAU vs. $WTI Complete Geo; Limited Downside For #Gold
Synopsis:
1 - Price traces two interlocked Geos
2 - Smaller (BLACK) Geo completes its 5-point regimen; Aims for 1-4 Line (Wolfe Wave rule)
3 - Larger Geo is pending Point-4 & 5 in the 19.10/1844 range
4 - TWO bullish targets exceed 1-3 Line of larger Geo:
a -- TG-Hi = 36.20 - 30 AUG 2015
AND
b -- TG-Hix = 39.72 - 30 AUG 2015
5 - Bullish Target may align with Point-5 ectopia at 5'
OVERALL:
Interim decline is limited by the geometric parameters (estimating floor in the 19.10/18.44 range) with subsequent upside potential to levels above the larger 1-3 Line's Geo.
Best,
David Alcindor
Predictive Analysis & Forecasting
Durango, Colorado - USA
-----
Twitter:
4xForecaster
LinkedIn:
David Alcindor
-----
.
1 - Price traces two interlocked Geos
2 - Smaller (BLACK) Geo completes its 5-point regimen; Aims for 1-4 Line (Wolfe Wave rule)
3 - Larger Geo is pending Point-4 & 5 in the 19.10/1844 range
4 - TWO bullish targets exceed 1-3 Line of larger Geo:
a -- TG-Hi = 36.20 - 30 AUG 2015
AND
b -- TG-Hix = 39.72 - 30 AUG 2015
5 - Bullish Target may align with Point-5 ectopia at 5'
OVERALL:
Interim decline is limited by the geometric parameters (estimating floor in the 19.10/18.44 range) with subsequent upside potential to levels above the larger 1-3 Line's Geo.
Best,
David Alcindor
Predictive Analysis & Forecasting
Durango, Colorado - USA
-----
Twitter:
4xForecaster
LinkedIn:
David Alcindor
-----
.
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.
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.