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Strategies & Market Trends : Classic TA Workplace

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To: At_The_Ask who wrote (72218)4/26/2003 3:23:16 PM
From: skinowski  Read Replies (2) of 209892
 
I think that the decline in gold could be corrective, but I see no reason why it couldn’t be an impulse. On the 60 min the action looks like a wave 4 consolidation (triangle?).

I am, btw, long from low to mid-320-s. If an impulse up gets completed, will look to buy the pullback. A drop below 327 or so at this moment is a no-no.
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