Wheaton- Riding the Back of the Gold Bull

Updated
Lets keep this short and sweet

Gold is in the midst of a bull rally

Market is on egg shells

Miners will benefit
Note
The market decided to make another move lower which hit the SL

Zooming out a bit we the see potential expected paths

Our count is reset and now we wait for a smaller degree impulsive move (5 waves up, 3 wave retrace) before looking to initiate any further positions.

NOTE: that means we would look to Buy around the green "II"

snapshot
Note
Things are progressing as expected :)

snapshot
Note
Gold is shaping up to be a safe haven as this market further deteriorates

This should add to the positive sentiment for WPM

snapshot
Note
GOLD RUSH

snapshot
Chart PatternsTrend AnalysisWave Analysis

Related publications

Disclaimer