Gold Trading 101: Sell-off into Early-Oct & to 1467/GCZ Fulfills Basic Wave Targets… Consolidation Expected. What Does Weekly 21 MAC Signify?
10/05/19 Weekly Re-Lay: “Gold & Silver plunged from the Sept. 24/25 cycle (and daily trend pattern) high into Oct. 1, with Gold dropping from 1540.2/GCZ to its initial downside wave target at ~1467.0/GCZ. It bottomed very near its ascending weekly 21 High MAC (1462.0/GCZ) as it fulfilled the primary downside target from its late-Aug./early-Sept. peak. Gold’s low fulfilled a basic […]
Read more