I put my thoughts on the NCM chart based on my limited knowledge of EW and posted this on the charting thread a week ago but there don't appear to be any elliot wavers over there. I've added some comments that I think support the wave count. There is other resistance near the top price extension. Yesterdays correction from the US Fed interest rate decision seems to add more support to the count. It's always hard not to get caught up in the exuberance of these runs but this thing is getting gappy and NCM seems to like ending diagonals near tops. The chart has entered the timing zone I have for a high and the timing window is valid for another week. Gold still hasn't fully broken free of it's 6 year base yet, so still mindful of what's happening and watching next week to see if this count plays out. Thoughts? @Orwell
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I put my thoughts on the NCM chart based on my limited knowledge...
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