twowave Posted April 27, 2003 Report Posted April 27, 2003 This is a 3 week forecast on gold. Look for the bottom of wave 5 next Wednesday, May 7th. The forecast from last week had this wave 5 as a b, but things got a bit less positive, and the rally went flat...
Guest Posted April 28, 2003 Report Posted April 28, 2003 An alternate count: Source I disagree with your second chart. I see no reason for such a volatility - three 10-dollar per day moves and two 5-dollar ones seems unlikely to me at this point of time. Regards, Vesselin
twowave Posted April 28, 2003 Author Report Posted April 28, 2003 I agree completely. The Neural Net has tended to predict too much volatility lately. The count that you have is what I was showing for last week, but... I post 'em as the AI program gives 'em to me. The net result is still the same for position holders. Mike
Guest jrmfl Posted April 28, 2003 Report Posted April 28, 2003 the top chart lines up pretty well with neowaves gold foprecast. still not sure how well ewaves work with gold, but considering all the possibilities. seems to me we are consolidating the last run for a week or so, there appears to be very strong support at 320 and a fair amount at 327. 310 would be a gift, 303 an gift wrapped git. need to watch in here, the rand looks as if it's about to turn and burn after the 13 week pattern ends. this favors gold and sa miners. you'd never know it looking at droopy... good trading all.
Guest Posted April 28, 2003 Report Posted April 28, 2003 310 would be a gift, 303 an gift wrapped git. If 306-312 breaks, we're likely to see much lower prices than mere 303... Regards, Vesselin
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