MikeMDallas
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0Joined Dec 21, 2020
chartpattern
gold
spx500
waveanalysis
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Gold has hit my target, and gone to the upper reaches of the abcde triangle pattern with the thrust up to e. Now it should retreat back to at least the 1800 area. The biggest risk to my analysis was war in Ukraine, which now looks unlikely.
9
Looks like the 200 day on the W chart is about to hit 3580, by target for the Cycle IV.
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3823
2098
14302
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5
75
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4027
2408
25881
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3727
743
6719
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33870
1352
87221
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1645
173
1151
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5478
2962
10910
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3192
2404
33735
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84095
5622
201969
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636
461
787
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66869
3471
90901
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4805
1949
8859
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8681
114
7961
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4894
1351
11244
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43562
1580
35926
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47
24
114
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1029
445
829
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43
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45
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6
17
14
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770
396
2140
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825
78
86
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5678
1663
9916
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10983
584
12355
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