cbud

cbud Updated 

My mid term count for Gold-0.19% is bearish as a C wave decline unfolds for an Expanded Flat completion. Lots of support and expansion projection ratios coming together in this market. Not an actionable trading situation from this longer term chart, but the proportional swings, groupings and character all come together mid/longish term for my analysis and thought...

cbud

The weak ratio moves that almost look like an Ending diagonal into the lows today imply a strong rally correction will follow (perhaps a .5 or .618 correction against the highs). The volume pattern at the lows I interpret as an Exp Flat into a .382 correction 4th wave. The .382 correction implies a 2.618 multiple expansion target for a wave 5 down. This still...