WAVE 5 TARGET ....WHERE 1=5...WHERE PRICE ENCOUNTERS TOP OF CHANNEL ...WHERE PRICE HITS THE 4.236 FIB ....JUST COULD HAPPEN ---WATCHING
WORKING ON A FLAT--EXPANDED , RUNNING OR JUST A PLAIN FLAT. WE ARE FINISHING UP THE B WITH THE C TO COME AND THAN UPWARD FOR THE 5 ....THE 5TH TARGET WILL NOT BE KNOWN UNTIL THE 4 IS IN
INSTEAD OF BREAKING DOWN ...GOLD DID A MEGA JUMP UP TO THE NEXT HIGHER BLUE LINE AND SO FAR HAS FAILED TO TAKE IT...NOTICE WHAT HAPPENS IN THE PAST WHEN GOLD MAKES THIS KIND OF SPIKE
WILL BE ANOTHER NICE BREAK --IF WE GET IT
THE BLUE LINE RUNS BACK TO Feb as support a break and hold below that line is significant---we are at the doorstep
BLUE LINE BREAK AROUND 1246 AREA IS LONG TERM SUPPORT
GLD BROKE THE TRIANGLE AND HIT THE 1.382 EXTENSION ...FAILED AND FELL BACK BELOW THE 1.272 STOPPER FIB. THE LINE IN THE SAND I BELIEVE IS THE 1.272. ALSO SEE SMALL BLUE TREND LINES ...THOSE SHOW 1=5 DISTANCE--YOU CAN SEE 1=5 DID LAND ON THE 1.382 SO BELIEVE IT OR NOT... WE COULD ALREADY HAVE A WAVE THE 1= 5 DISTANCE . WATCHING THE 1.272 BREAK FOR EXTENSIONS IF...
i still think so more upward into the 1972 area trend line kiss and than we finally get back working on the 4 into 1733 area ...watching
2040-2055 PRZ LINES UP PRETTY GOOD
SINCE 4-24-2013 ...EVERY TIME GOLD HAS HIT UPPER CHANNEL IT HAS FALLEN BACK DOWN TOO OR CLOSE TOO THE BOTTOM CHANNEL ...WHY NOT THIS TIME?
WHAT DO YOU GUYS THINK THIS HARMONIC COULD BE ?
STILL WATCHING THAT 1190 TREND LINE AREA