The wave we traced is defined as
A=680
B=1920
C=1044
Therefore, our targets if Au makes a new all time high are:
N=2284
V=2796
E=3160
with a projected resistance at:
NT=1408
You can see we are well above the projected resistance, now gold only needs to continue its climb and make a new all time high in order for these targets to be in play. I will make a subsequent post taking a closer look at what has been developing more recently. For now, this is the overarching picture. Time theory markings have been added and I may make a post focusing more on that as well.
A=680
B=1920
C=1044
Therefore, our targets if Au makes a new all time high are:
N=2284
V=2796
E=3160
with a projected resistance at:
NT=1408
You can see we are well above the projected resistance, now gold only needs to continue its climb and make a new all time high in order for these targets to be in play. I will make a subsequent post taking a closer look at what has been developing more recently. For now, this is the overarching picture. Time theory markings have been added and I may make a post focusing more on that as well.
Trade active:
Gold has passed B, meaning the targets are in play.
Comment:
We have hit target N
A large one has carried us close to our first target, the N line.