Gold’s Wave Count

We are very close to finishing this wave down. Here is the 5-min fractal from the 60-minute chart.

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Silver is making a higher low. It is interesting that SLV overlapped 16.23. That is typically bullish. Often times when prices overlap a significant level, they pullback before making their close above. I will watch to see if SLV can close above 16.23 this week.

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I decided I would reward myself with yoga classes at this yoga studio I have wanted to try for quite a while. I used to play high school varsity basketball and swam on the swim team when I was a lot younger. More recently, every now and then, I pick up a game of tennis. I like yoga because I like the meditative and physical strengthening aspects of it. And I love the endorphins after a great work out. That’s a great reward!

One thought on “Gold’s Wave Count

  1. Hi Susan, I find your blogs very interesting. You seem to have a great skill in elliot wave analysis. Would you mind showing your analysis on the Dow Jones Industrials Average on the longer term charts…. I wonder what kind of move we are seeing now in the context of elliot waves ? anything you can share here would be awesome.

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