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Gold/Mining/Energy : Gold Price Monitor
GDXJ 92.79-0.2%Oct 29 4:00 PM EDT
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From: #Breeze10/6/2025 11:50:32 PM
4 Recommendations

Recommended By
Anchan
Goldilocks
Hugh Bett
toccodolce

  Read Replies (2) of 116741
 
Wave Count on a Gold Continuous Futures Chart Update. Wave (v) of Minute Wave (circle) v of Minor Wave 5 of Intermediate Wave (3) is in play. Its target is typically the 61.8% price extension. In this case 4,004.8. However I've seen Gold tag the 100% price extension. In this case 4,105 (unless it goes parabolic). In any case once Intermediate Wave (3) is complete expect a healthy pullback for Intermediate Wave (4) and then an Intermediate Wave (5) to ATHs to complete Primary Wave (circle) 3.

See the second chart for the Big Picture Wave Count. Primary Wave (circle) 3 is in play.



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