Similar to my latest Gold Chart, I believe that the final impulse (sub) wave of the first leg up will lead us into a correction before or just after breaching 28.5. This will be underway with a breach of 26.3 (confirmation) and then 27 (participation).
Correction at the top will be deep (~25.8), as it will be part of wave two. The first (non-believer) selloff in the first of three major moves higher from the bottom on March 31st.
I think a healthy correction will bring us back as far as this 25.8 before true liftoff ~ in June? ~
The Gold chart is appearing to me very similar in structure.
Outperforming US equities dramatically for the rest of 2021, with the first show of strength beginning now.
Correction at the top will be deep (~25.8), as it will be part of wave two. The first (non-believer) selloff in the first of three major moves higher from the bottom on March 31st.
I think a healthy correction will bring us back as far as this 25.8 before true liftoff ~ in June? ~
The Gold chart is appearing to me very similar in structure.
Outperforming US equities dramatically for the rest of 2021, with the first show of strength beginning now.
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