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Re: Oddlot post# 46704

Friday, 03/09/2012 8:17:23 AM

Friday, March 09, 2012 8:17:23 AM

Post# of 51788
OddLot - Good Chart

After looking at this chart I have a different perspective on the e-wave count for gold.

Count 1:
2009 high to July 2011 low - wave 4 triangle
July 2011 low to August 2011 hi - wave 5 thrust
August 2011 hi to present - larger wave 4 triangle
Larger wave 5 up to take place

Count 2:
2009 high to August 2009 low - wave a of flat
August 2009 low to August 2011 hi - wave b of flat
August 2011 hi to present - wave c (ending diagonal) of flat triangle.
Larger wave 5 up to take place

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