Correction, then consolidation, then next leg higher.

I'm not sure if you include comparitive ratio analysis with other markets, but if you have a look at the Dow Jones/Gold chart (on tradingview, it would be DJI/Gold), it could be argued that there's a bullish triangle forming on the monthly time frame. This would imply the stock market may begin to outperform gold, after some ranging. If that's (or something similar) part of your paid analysis, then fair enough, but if not, would be good to get your thoughts.

@leshghett8956

14 күн бұрын

To be more specific, if you could discuss this in relation to the pullback in gold, it would be helpful. I'm not saying the uptrend in gold is about to go away, I'm saying the corrective structure in gold is likely still at play.

Perhaps Somebody (you?) need to read more books 📚 📙 📙with subject Elliot Waves Theoryes ..........?! From the Little to None , I know @bout 5 waves Elliot Waves the 5~th wave could NOT be bigger than Wave 3....

@wavemastery1786

14 күн бұрын

Hi, of course it can, it is called an extended 5th, provided the 1st wave is NOT bigger than the 3rd !

@bambangsuwanto2484

13 күн бұрын

3rd wave cant be the shortest wave…thats the true one.