Perth- As I read you, you are referring to a shorter time frame.
That's awefully confusing for those who read what you write, but
it's okay.. My target (courtesy of Peridot's GET program) for wave
3 down is near 42.5, and we are nowhere near that point yet. (The
*likely* price projection for the entire correction is MA(200),
which is near 150 on the $XAU, currently at 167). We only had a
slight bounce after a steep 6% decline in one day. Good luck with
your trades!
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Perth- As I read you,
How's GDX looking?
Posted by junkie on 19th of Dec 2009 at 11:43 pm
Perth- As I read you, you are referring to a shorter time frame. That's awefully confusing for those who read what you write, but it's okay.. My target (courtesy of Peridot's GET program) for wave 3 down is near 42.5, and we are nowhere near that point yet. (The *likely* price projection for the entire correction is MA(200), which is near 150 on the $XAU, currently at 167). We only had a slight bounce after a steep 6% decline in one day. Good luck with your trades!