Ann: South-West Connect ASX Showcase Presentation, page-20

we cant be far off a bottom for gold.. even if it drops another 100 it will only be in USD and going counter to the DXY... only hedging at the bottom if you take market price now.



just broke 1.382 fib on the 2016 channel
1.618 would be symetrical to the top.. circa 1575 on current trajectory
if the C wave of the corrective is 1.618 of the A wave then that gives a target circa 1432 hitting an older trendline, i could see it getting there if the DXY gets to 120

buy your straw hats in winter
pick the shellfish wihile the tide is out
buy the dips
have some fun trying to pick the perfect bottom

my gut says we are weeks away from a market crash, i can see some counter arguments to that, such as buy backs supporting the markets.
I think its all being held together for the US election cycle and will go pearshaped after that.. oil up inflation back.. interest rates higher, pressure on gold in USD, DXY up
another counter argument would be acknowledgement of global depression putting pressure on oil to postpone the next wave of inflation for now

SPX seems to be following the GFC bear most closely (orange shadow) tech bust blue shadow

closer look at the last few candles, open high dumped into
even the big green candle off the low caught the general market by surprise = pump n dump imo.