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Gold Weekly (Log Scale)
B
Andy’s Technical Commentary__________________________________________________________________________________________________ 
( W )( X )
< W >
- E -
$732
- C -
( C )( Y )
- D -- B -
( A )
- A -
( C )( B )( A )( B )
< X >
$643
- A -- B -- C -
( Y )
- D -?
< Y >
- E -
( W )( X )
Five Year MoveThree Year Move? 
We’ve seen plenty of strange “doubles” and “triples” that have not adhered to good duration principles, but a Y-wave “should” be shorter in duration and price than the W-wave. In the model presented here, the <W> took 5 years (nice Fibbo number). If the <Y> is going to <W> by 61.8%, then we should see a three year move which would conclude in
 August 2010.
 
<Y> Wave Price Targets:
$1,218 for 61.80% of <W> (log scale)$1,450 for 78.62% of <W> (log scale)$1,387 for 61.80% of <W> measured from the top of <W> (log scale)
REPRINTED FROM 5/16/2010
 
 
Gold Weekly (Log Scale)
B
Andy’s Technical Commentary__________________________________________________________________________________________________ 
( W )( X )
< W >
- E -
$732
- C -
( C )( Y )
- D -- B -
( A )
- A -
( C )( B )( A )( B )
< X >
$643
- A -- B -- C -
( Y )
- D -
< Y >
- E -
( W )( X )
This model remains my best interpretation of the price action over the last decade. It’s impossible to count the move over the last 10 years as an impulse--there are WAY too many triangular congestion patterns prevalent across various stages of the wave development.
 
 
Gold Daily 
Andy’s Technical Commentary__________________________________________________________________________________________________ 
< X >
$643
- A -- B -
( W )( X )
- C -
( Y )
- D -
< Y >
- E -
The market has broken the proposed B-D trend line which indicates this triangle concluded. We should be in the beginning stages or longer term correction if this model is correct.

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