$1040 passed . Gold is going to $1170 . Gold headed for another record By Ben Rooney, CNNMoney.com staff reporter October 7, 2009: 8:19 AM ET December gold was up $2.20 to $1041.90 an ounce, after closing at a record high of $1,039.70 in the previous session. Earlier in the session, gold traded as high as $1,048.20, topping Tuesday's intraday high by $3 an ounce. http://money.cnn.com/2009/10/07/markets/gold/index.htm
If 1060 is breached again . the Market may not fail me this time . First measured move 1090 . Next measured move 1120 .
ABC forms Wave 4 in the daily. Im still looking for a final 5-wave up. subwave 1 finished, now a correction down to make 2(looks like an abc forming) and then subwave 3 up....etc RSI needs to cool down a bit before subwave 3
MitchWorse, The 5 waves up on your charts looks really clean. Do you have any views on the S&P500 or ES you can share?
Dont have any realtime graphs for those... But the AEX is a "slave" market, allways following the S&P and DAX, so i'm guessing we will see the same patterns And when all the graphs show the same info, that can only mean a right count
Thanks MitchWorse. Yes, I do see similarities across markets too. Guess the S&P is busy getting nowhere today. So I'll call it a day!
Still bullish.... I think Mu mentioned something around 1070~1080 as a target. It's appearing on my radar too! 1073 would be nice.... I'm long ES.... ESZ9 90min