Andy’s Technical Commentary__________________________________________________________________________________________________
~ 38 months
Gold begins to freely tradein U.S. in 1976
Gold Monthly (Log Scale)
21871502One high probability timing target for this C-Wavewould be December 2010 for (A+B)/2 = C-Waveduration, or 136 months.
Because Gold has decisively taken out the the A=C target of $1,025, thismodel gains in viability. The targets are either $1,502 for a 162% of A=C,or $2,187 for an A=C in % terms. The higher target would coincide with amulti-decade long trend channel (log scale).
Channel connected through monthy closes.