Sentiment toward gold is at record lows, blood is flowing in the golden streets. Everyone should be cost averaging into something golden IMO.
Monday, November 30, 2015
[AGI] update
At the backlink I was looking for lower prices. I think the chart just put in w3 of 5 here and so 5 final small waves down from here (not small in % terms though...) gets us to the low twos and I think then this becomes another nonexpiring option on gold.
Sentiment toward gold is at record lows, blood is flowing in the golden streets. Everyone should be cost averaging into something golden IMO.
Sentiment toward gold is at record lows, blood is flowing in the golden streets. Everyone should be cost averaging into something golden IMO.
[PLUG] update
At the backlink I was worried about one more big swoon.
It's already bounced higher than I showed above but that was a pretty meek b wave that I modeled. In any case, C should be about done if this is really a corrective wave like I am modeling but upside to close the gap at 2.36 is still quite possible. You have to be careful here though because if my model is right the next wave is a 3rd or C down. Better safe than sorry.
It's already bounced higher than I showed above but that was a pretty meek b wave that I modeled. In any case, C should be about done if this is really a corrective wave like I am modeling but upside to close the gap at 2.36 is still quite possible. You have to be careful here though because if my model is right the next wave is a 3rd or C down. Better safe than sorry.
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