Elite Swing Trades

[SwingKing]

Gold needs to bounce off 1183 if we don't already have a bottom. As long as 1168.4 is not broken, the bullish count remains my primary. If 1168.4 is broken by even .01 it invalidates the strongest of the bullish counts and would have me looking at my alternate counts. Best case is 1183 holds and launches us higher in a 3rd wave that is currently targeting 1291-1301. Make no mistake about it, gold does have the potential to gain $100 in no time. It may sound like a lot but in the big picture it's not. I'll be following this closely as well.