According to my forecast of the time/Price cycles confluence, as shown on charts displayed in the previous post, Gold has moved down. It closed today, exactly within one penny of first Time/Price Squaring line. Isn't it amazing, how these Time/Price Squaring works? Next target zone ($105.49-$106.09), as indicated on the chart, which ought to offer very good support.
As I have already stated in my yesterday's post, I expect the Financial Markets to decline in tandem with Gold Commodity Market.
2 comments:
can you explain what are those colored dotted lines.
GLD did trade below and gapped down. Is the move over and still going to your target?
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