thenry

thenry

Believe we are currently in a 2 wave.Its gonna come back a bit and test the bottom. This wave down (that we are currently in) should be strong & longer than the first wave. The yellow 2 was an expanded flat correction.(signifying strength to downtrend) Details on chart. Good luck traders & have a good week!

thenry

We just finished a corrective move down. An ABC with an agressive C wave. Believe that is our larger B wave and we have now started our C wave up. If we arrive at 1899 that could possibly be a wave 2, Then more to the downside. Details on chart, Good luck traders!

thenry

Gold loves its triangles & it appears we are forming one? Perhaps? Need a 3 wave move down now to rub the bottom trendline. Then up from there. Volume dropping (sign of a triangle) Good luck, everyone!

thenry

Details on chart

thenry

I believe gold is going down. Details on chart.

thenry

Believe we are in a diagonal here with one more push up to Test the top. Details on chart

thenry

Details on chart.

thenry

I think this whole week coming up will be bearish. For starters our first move down looks like a 5 wave move (Impulsive) The B wave looks complete. Details on chart.

thenry

Believe we are currently in a correction against the trend. Could either be a triangle or complex correction. Too early to tell. Will see if this scenario plays out. Details on chart.

thenry

Still looks Bullish, Details on Chart. Good luck & Cheers!

thenry

Gold has finally closed above the major 4th Wave(Cayan). It's tried numerous times & failed (This is huge) In otherwards we are going to be Bullish here for quite some time! On the other side of the coin, I am expecting a correction downwards first. Perhaps a Selling oppurtunity? (Against the Trend) On this chart I've marked out the strongest lines in Cayan....

thenry

Looking for the Bears to take control this week. The most important point being, 1282xx has been broken again. Cayan trendline should get broken and am targetting the 1237xx to 1197xx area. Really thinking the WXY (B or 2) is a running correction & this will be a fast move. Good Luck & enjoy your weekend!

thenry

I just believe we have finished a Wave 2, and are on our way down. It should move quickly, for this to be correct. Details on chart!

thenry

This is what I see in Gold. Just your basic ABC with a triangle in the middle. Will see what happens.

thenry

Looking for a move up to the 1309.xx area. If correct this would finish a 3-3-5 (expanded flat) correction. After that strongly downwards. Details on chart.

thenry

Long term Bearish, but am looking for a correction this week. Last 2 moves up have been a 61.8% retracement. They both have been fairly sharp and quick. Suspecting this move will be similar. I don't want to see the yellow trendline touched. If that happens this analysis is wrong! Know it is going to try extremely hard to break it. Note: It's also making a...

thenry

We have tried 3 times to break and stay above the major Wave 4 (Green arrow) Something has to give.IMO Gold is going to Crash. Not sure what the implications are of that. Any who, Details on Chart.

thenry

Gold appears to be very Bearish. Its tried to break above the Wave 4, but just can't do it! In the meantime it has formed a triangle, Wave B. Expecting a big move down. Details on Chart.