A close-up to support the idea I just posted, of what might be a last 5-waves down. If the fib channel plays out, we'll see a move up to the 50% line around 1760, and then a move down. Support to break is around 1350 (big significant previous low), and if we pass the that point people will dump their BTS and we dip down to 900 sats levels.
Or not! As always,...
Gold XAUUSD Sea-Change - And an each way bet:
Gold has managed to close above the long-term resistance line that has capped every rally since the high in 2011 (this
also marks the high for the CRB index, and since then commodities have traded down and the Dow has traded up.)
This break is significant by the look of it. (See also next upload for close-up)....
