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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?


To: gold$10k who wrote (45488)7/9/2013 11:15:41 PM
From: SwampDogg  Read Replies (3) | Respond to of 48092
 
I would see the june top (your sub ii) as c of a iv and the low at $1179 as the v
Now in a ii of a new bull



To: gold$10k who wrote (45488)7/10/2013 12:08:18 AM
From: Wade  Respond to of 48092
 
This is a very complicated chart to assign each wave number. Not sure if he made the right counts.

I was thinking from the top from Sep 2012 to Feb 2013 was a set of abcde. The movement during Feb to Apr. was a set up of wave 1 and 2 for the big rally that was when the Fed smashed the POG. The big dive in April is a new beginning of a wave pattern, imho. I believe the chart had strong human intervention since April that should be treated very carefully with wave counts. I don't have a count after April. But, I think 1180 has settled the bottom. We shall see. Good luck to everyone, long or short.

This was what happened in April, and German gold story:
Ref:
Message 28993729