Greetings Traders:
Gold has been resolving itself very well so far and the
current posture is one of bullishness. As depicted in the 240-min
timeframe, a Harmonic Pattern AB=CD has already been resolved. The
current heavy ups and downs gyrations of this market is in the process of
attempting to resolve a 1-2-3 or Ross Hook. The second attachment is the
a Daily Chart; and two patterns (in circles), one from the past and one is the
current posture of the market are almost identical as far as pattern
recognitions is concern. It is only a matter time before Gold hits new
highs. Take care.
Have a good one
Jeff Harteam