My initial target for a 4th wave correction was below 114.62, but the flat correction that has been unfolding since the 2/11 high of 120.94 appears to be nearly complete.
Gold is a commodity, so the 5th wave should be strong, if not the strongest of the 5 waves in the impulse.
Gold is a commodity, so the 5th wave should be strong, if not the strongest of the 5 waves in the impulse.
In particular, you should spend no time at all thinking about those rosy scenarios in which the market goes your way, since in those situations, there's nothing more for you to do. - William Eckhardt