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Traders,
John's analysis about the possibility of a bottom in XAU
in this area is supported by a short term SwingMachine
analysis.
In this case the most significant element of the analysis
is that HISTORICALLY, coming out of a series of
patterns that have been seen in XAU, the probability
for the market to move upward is VERY, VERY HIGH.
If there is any pullback from present levels it appears
that it will be "short and sweet".
Clyde
G.John Boggio wrote:
> Realtraders,
>
> With the recent interest in the precious metals and the XAU, I thought I
> would just point out a potential zone in which we expect the XAU to rally
> towards.
>
> Without getting specific, using symmetry wave, we had a Wave A - B form
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Clyde Lee Chairman/CEO email: <clydelee@xxxxxxx>
SYTECH Corporation Work: (713) 783-9540
7910 Westglen, Suite 105 Fax: (713) 783-1092
Houston, TX 77063
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