Home » Chanakya » GOLD – Week of 09/15/13.

GOLD – Week of 09/15/13.

GOLD – Week of 09/15/13..

CIT is being violated, so we need to lean on Elliott Waves for Gold this time around. Here is what I think is going on with Gold from here. This evening may have seen a capitulation of GOLD longs in a B wave lower. The Elliott Wave MOB is 1272.1 GCV13. Cycles are meant to go positive this week but violation of 9/15 CIT (+1 TD) is concerning.

1318 confirms bottom is in.

20130917 Gold

3 thoughts on “GOLD – Week of 09/15/13.

  1. In morning chat with Subscribers on Wed, 9/18/13, with GOLD at 1296:

    GOLD and Silver are bottoming out – retest or minor lower low allowed but this is an EW/Visual thing as model busted the 9/15 (+1 CIT) – I don’t see any change in late October – Early Nov highs theory and at this point last night’s GOLD EW is all we have to follow this trade
    @ dimigon – 16 minutes ago
    Gold 9/15 is at 1324 iv wave i posted on my charts – What went on from there was wave v to 1280-1290 to the next Pi Cycle 9/19 +- …. Thnx ! …..
    @ chanakya – 16 minutes ago
    Paul – to your question – yes a hard fall follows 9/20 top
    @ dimigon – 15 minutes ago
    Two Pi cycles as inversion Low to Low ….. 9/15 and 9/19 …..
    @ chanakya – 15 minutes ago
    Dim – thanks for that and team work – 9/15 + 9/19 = 9/17 mid point
    @ pp – 15 minutes ago
    Thx, Sir
    @ dimigon – 14 minutes ago
    Nice …..

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