Loading ...A dn = 50.25 Dollars…B up = 19.8 or 38 % of A, perfect Fib No
C = 28.18 or 0.56 of A, and 1.42 times B, again a near perfect Fib
A = 1196.35 $ B + 689.55 or o.57 of A not far from O.62 Fib
C = 436.66 or 0.62 of B perfect Fib and 0.36 of A….v near 0.38
plus each wave so far has been 3 days an exact Fib No……
Was this all of a Larger A wave down and we now rally in a larger B …twds recent Hi’s or was it all of the correction time will tell, but the perfect Fib No’s say and entire dn wave has been completed…..and in 3 waves…which confirms a corrective wave only …..again O/n action suggests we are done down for either a while or longer….
If this scenario plays out the fact that the C waves are both smaller than the A waves, especially so in Au…..is a v bullish sign …in Golds case super bullish.