Thursday, August 21, 2014

Gold at critical chart point.

If gold is going to play out a full E wave to make a proper 4th, it has to do so most riki-tick.  It cannot break below that green line and still hold hope of bouncing into C of "5" (E wave, actually).  If it breaks below the lower rail here then it is already 3 of 5 of 5.

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