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Armstrong vs Trader MC theories

Posted by goldielocks @ 4:28 on July 30, 2014  

One thing is agreed, it’s not a question of IF but WHEN.

Two different point of views.
One Armstrong just posted he’s waiting until the end of the month to determine direction ” de ja vous pour moi,” but suggests golds decline could extended out until September 2015 which would make it four years from the high of September 2011.
That this could be a false Rally.

Gold & the False Rally

Another point of view from Elliott wave charting by trader MC, believes we are in a extended wave V going back from 1970.
If so it would then pause or invert in timing.


these look pretty darn close from one another.


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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.