verytricky, just for you mate, with a little bit extra included :)
Now just so everybody understands I have affiliation with David Nichols other than as a subscriber and I am recommending his website.
I am merely posting this out of interest.
Excerpt 1:
"Since the brief dip under $920 on Day 1 of the new timing cycle early on Tuesday, gold has been moving steadily higher, even climbing a steeply-sloped uptrend line. But remarkably, the 150-minute fractal dimension has also managed to climb up to a very high reading of 60 while gold has moved up this way.
This sort of "running consolidation" is a highly bullish development, as it means the pattern is making forward progress even while re-energizing. Typically this leads to an explosive trending move, so a breakout now over $944 could lead to a very rapid jump to $974, which is the next important short-term target for this emerging bullish pattern"
Excerpt 2:
"So it's not really a very complicated situation right now. Gold simply has to get over $944 -- and stay over it convincingly -- and the hyper-growth period should be underway.
As I've been discussing, the move from $944 to $990 should just be the warm-up act, setting the stage for the blistering 4-month uptrend once gold gets over $990"
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verytricky, just for you mate, with a little bit extra included...
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