Wheaton- Riding the Back of the Gold Bull

Lets keep this short and sweet

Gold is in the midst of a bull rally

Market is on egg shells

Miners will benefit

Comment:

The market decided to make another move lower which hit the SL

Zooming out a bit we the see potential expected paths

Our count is reset and now we wait for a smaller degree impulsive move (5 waves up, 3 wave retrace) before looking to initiate any further positions.

NOTE: that means we would look to Buy around the green "II"

Comment:

Things are progressing as expected :)

Comment:

Gold is shaping up to be a safe haven as this market further deteriorates

This should add to the positive sentiment for WPM

Comment:

GOLD RUSH