Gold A-Wave

Here comes the bears (and bears dressed as bulls) trying to call a top in a secular bull market that has years to run.

"Gold: Too Late for Easy Money" kitco.com

Trading Block (Around 2:05 Mark):


The A-wave (up) continues to push higher into the backdrop of disbelief. Of course, gold will "correct" into the small, B-wave decline around the short-term cycle dates. This is inevitable. The real question is from what price zone will the correction start?

Remember, the B-wave declines always setup the powerful C-wave advances.

The A-wave (up) continues to push higher into the backdrop of disbelief. Of course, gold will "correct" into the small, B-wave decline around the short-term cycle dates. This is inevitable. The real question is from what price zone will the correction start?

Source: cnbc.com