Palladium Could be the Canary in the Gold Mine
Look at Palladium - up $1000 since 12/15 from $1500 to $2400. It could drag gold up fundamentally.
On top of that, Gold has a very nice triangle, where all of the waves are abc except for the E. When you see that, it's usually correct.
Zoomed in it could be a nice impulse forming.
We're at the 38.2% right now with a clear abc
April (84 days) 1950 Call is exactly $1000
Risk to a break of the 62% or half of the option value. Stands to be a big winner...
IF
Palladium is the Canary in the Gold Mine.
On top of that, Gold has a very nice triangle, where all of the waves are abc except for the E. When you see that, it's usually correct.
Zoomed in it could be a nice impulse forming.
We're at the 38.2% right now with a clear abc
April (84 days) 1950 Call is exactly $1000
Risk to a break of the 62% or half of the option value. Stands to be a big winner...
IF
Palladium is the Canary in the Gold Mine.
Trade closed: target reached:
This was so, so, so right.