GOLD ran up to 1000 last week
the wave is labeled as a "B" wave or even an "X"
which is an intervening high
that means the NEXT most important level
should be under that previous low @ $712 on Oct 10th
Oct 10th was one major low also for the DOW
that took 4 months to get back to 1000
BUT it took 8.6 months to get from the FIRST 1000 to oct10th low
SO, NOW the trend should be DOWN for the next 8.6 months
Jay
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