Gold update - Here are some important turning dates for Gold - It is important to wait for these points to come in and then the position of the market leading into that date will allow us to qualify the turning date as either Top or Bottom - the first significant date is the 18th May so watch to see if the market moves lower into this date and it must hold above that level - as we approach that date I should be able to refine the price targets and calculate a significant price level for Low - then once that turning date has been verified we can concentrate on managing our position up to the next Cycle date .
This chart looks a bit different from the one you posted last evening. We are having the bounce of yesterdays low, like your pic above...will see if it can extend its gains for the next week. This chart looks different from the one you posted last evening. I am new at learning all this but find it fascinating!! Thank you for your dedication to posts.