Lets keep this short and sweet
Gold is in the midst of a bull rally
Market is on egg shells
Miners will benefit
Gold is in the midst of a bull rally
Market is on egg shells
Miners will benefit
Note
The market decided to make another move lower which hit the SLZooming out a bit we the see potential expected paths
Our count is reset and now we wait for a smaller degree impulsive move (5 waves up, 3 wave retrace) before looking to initiate any further positions.
NOTE: that means we would look to Buy around the green "II"
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.