Multiple clusters showing in typical 5 wave advance followed by 3 wave correction - needs to break low of 91 to confirm
If it does then there are a few levels I would be interested in buying between 67-78...
People thought the golden stock could not fall this far and here we are... the only other alternative could be a triangle forming and the low at 91 holding and providing support it that happened then it could easily rally to 118 within the next 2-3 months
Seeing it is a big chunk of indices this fall is causing damage to broad market as well... which are not looking very healthy right now
If it does then there are a few levels I would be interested in buying between 67-78...
People thought the golden stock could not fall this far and here we are... the only other alternative could be a triangle forming and the low at 91 holding and providing support it that happened then it could easily rally to 118 within the next 2-3 months
Seeing it is a big chunk of indices this fall is causing damage to broad market as well... which are not looking very healthy right now