- Apr 18, 2010
- Reaction score
OK so let me try to explain what I mean. If bull run for gold has to run estimated run of 12000 - 15000$ an ounce and if that would be achieved in major five waves, than they could be ONE, THREE and FIVE as impulsive waves and TWO and FOUR as corrective waves. LOOK at gold chart in line form on monthly chart, you will see only three significant top, since year 2000. I look at is tops of 1st, 3rd and 5th waves of MAJOR ONE. If that is so gold should be in for major correction. This being US presidential year everyone is aware of his first love......stock market..