Gold has to be the slowest moving ticker I have ever tracked lol. It's like watching hair grow, like watching a sloth walk, or like watching a snail cross the road. All SUUUPER exciting. After saying all this, nothing has changed yet. As I have stated in my SPY post, I believe the S&P is about to drop for b wave of 5 so maybe that will help propel Gold slightly and make it move somewhat faster. Instead of moving at the pace of a snail it will move at the pace of a worm...
Either way, targets are unchanged as of now. Price did make a slight high so technically speaking that could have been the (5) I've been waiting on. I don't think this is the case as structure doesn't suggest that, but I've seen crazier things.
Either way, targets are unchanged as of now. Price did make a slight high so technically speaking that could have been the (5) I've been waiting on. I don't think this is the case as structure doesn't suggest that, but I've seen crazier things.
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Bonam Fortunam,
--Tyler
Bonam Fortunam,
--Tyler