Friday 19 June 2020

Charts of Gold

Review - 14th July:
This weekly chart indicates the progress of Cycle V
It assumes the conclusion of Primary wave [3] of Cycle V at the point where [3] = 2 [1]
It demonstrates my discovery of the application of the Commodity Channel Index as a leading indicator during divergence episodes with both the RSI and the price action. As can be seen here the CCI has predicted each major pull back during [3] and now it supports the assumption of the conclusion of [3]




Lockdown Deaths



From 2nd July:
Most likely a lot of shorts went on gold yesterday, but the gold chart indicates that this instrument is playing its own unique tune of fake freedom as it steps up the pressure into the Primary wave [3] finale. 
This Gold futures take presents with a more visible double zigzag for 4.


stulti irruitis







From 29th June:
The 4th wave horizontal band is under a second wave of bullish assault. The possibilities are as confused as is normally expected for 4th wave behavior. 


These musicians know what they don't want, this can help them to decide what it is that they do want. It would assist if they could decide how to become decisive..










From 19th June:
When the mist clears you can see Excalibur emerge from under the water.


non fumigans

Chart of Gold Fields (New York) 

Elliott Wave Rules & Guidelines 

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