3 waves to a new “low” … don’t get fooled w/ Gold

just like were watching the 3 waves into a new high in Coffee and then lower .. same thing is appearing in Gold.

take a look … a “perfect” 3 waves to a new low AFTER 3 waves to high at 1307.  My take, were getting ready to blast off in gold up to the 1307 level and a 3-3-5 flat correction.

or, this the other alternative … all best are off w/ a daily close below 1073.

Author: BART

BART is a CMT and an expert a "advanced" pattern recognition used w/in the intermarket analysis discipline. He's also an accomplished Business Development Executive providing solutions to a myriad of business markets. View all posts by BART