.............Wave A Down Bottomed Yesterday

The monthly downcycle's Wave A down bottomed at 144.01 for the XAU yesterday: http://finance.yahoo.com/q/ta?s=%5Exau&t=5d&l=off&z=l&q=c&p=&a=m26-12-9%2Cp12%2Cfs%2Cw14&c= , so, the next few sessions should see a substantial rebound corresponding to the Wave B short term upcycle. Note that the downside gaps at 52.87 for NEM and at 145.47 for the XAU got filled yesterday, and, as usual, an important cycle low occurred shortly after gap filling action was completed. ....... http://www.JoeFRocks.com/