..................Wave C Is Doing An ABC Pattern
The Wave C short term downcycle began on Wednesday 2-22 for the XAU and HUI, and it's Wave A very short term downcycle ended early on Tuesday, so this is Wave C's Wave B up that appears to be peaking today, which means the apocalyptic Wave C's Wave C should soon begin. Note that the indicators correctly portended strength today, but cycles are the primary consideration. See http://finance.yahoo.com/q/ta?t=5d&l=off&z=m&q=b&p=&a=m26-12-9%2Cp12%2Cfs%2Cw14&c=&s=%5Exau ......... http://www.JoeFRocks.com/
posted by Joe Ferrazzano at
10:30 AM
1 Comments:
Christian,
The metals lag the metals stocks, so the metals should have a substantial decline along with metals stocks.
By
Joe Ferrazzano, at 1:25 PM
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