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13 years 4 months ago #1405 by Jackozy
Replied by Jackozy on topic Gold
Thanks guys. I've been having a look at a posible wave count for the move up from the May 16 low at 1527 and I can see where you're coming from. Is this how you see it?



dl.dropbox.com/u/20815047/Goldwavecount14_11_12.gif

That would have the top of wave (3) way past the 161.8% extension but that's not necessarily a problem and may account for the relative severity of wave (4). It might also lead towards a truncated 5th...

There does appear to be some decent support in the 1700 to 1705 area so it makes sense to target that I guess.

Good luck fellas!
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13 years 4 months ago #1406 by WaveSurfer
Replied by WaveSurfer on topic Gold
Im a dip buyer on Gold

here's a bigger pic view

dl.dropbox.com/u/40497882/Gold_HNS.jpg
The following user(s) said Thank You: ronnie, remo, Jackozy

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13 years 4 months ago #1430 by remo
Replied by remo on topic Gold

WaveSurfer wrote: Im a dip buyer on Gold

here's a bigger pic view

dl.dropbox.com/u/40497882/Gold_HNS.jpg



cup and handle formation

That will be nice.
thanks for that did not see that.
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13 years 4 months ago #1506 by remo
Replied by remo on topic Gold
closed my short and went long and now have a free bet as such....lol
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13 years 4 months ago #1507 by WaveSurfer
Replied by WaveSurfer on topic Gold
yep added to my existing long golds......c'mon lets ramp up...:-)

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13 years 4 months ago #1509 by WaveSurfer
Replied by WaveSurfer on topic Gold
also worth noting that the handle could for into inv h&S ...just something to keep an eye on ;-)

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