Replies to post #28810 on Traders Cooperative

[opnion]

Hi Tech, lol you know that waves make me dizzy. vbg. If you are an ewaver then maybe you can do a monthly chart of $gold and ewave the chart from the 2000 bottom in gold until present and see what the waves look like. I think we just recently tested the support line and have the next leg up in gold. The 700 level on gold should act and respond much the same way that the break above 400 did....test retest test retest etc then leave that price level and churn for a bit. Frankly for the time being I see very few reasons that gold would "need" to have to go lower. But I could be wrong. g