The Pattern of Predictability

By: Darah | Tue, Feb 19, 2013
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Investors have experienced a state of prolonged frustration--where prices are TRAPPED between the upper and lower width of a symmetrical trading band. This is a reversal sequence that is gradual in nature, but unfolds in a horrendous 'up and down' affair until a sufficient amount of both time and distance is reached. Prices here regroup, gather strength, and undergo heavy accumulation as both, buyers and sellers, eagerly anticipate a forthcoming directional move.

Word out is that the most current and up to date pattern of GOLD is shaping into a five wave structural decline that in most cases, signifies the completion of a trending move! But there are some circumstances where it's not impossible for the price to subdivide into six or even SEVEN WAVES before the pattern reaches its culmination; especially in a mature advance or one that stays in effect.

The ACTUAL pattern developing is a contemporary variation of the [seven cycle pivot-wave-structure] - which formed in 2008. The end result that is occurring now- is a six to eight month advance - that will (with certainty) reach a minimum target of 1900, or as high as 2200 in the most bullish case.

The canvas below is a reminder that ALL patterns repeat themselves and, if you will notice in this alphabetical sequence - G completes the developing structure.

GLD - DAILY CHART

Gold Chart

WHY the pattern is reappearing is of no interest, so long as we can observe that it exists! And from the looks of it, the first test of survival is complete and what lies beneath the surface is the muscular structure of one STRONG OX, in the best shape of his life!

Investors want to know the bottom line - and "the end" of this multi-month correction. As late as early March, gold will have reversed course to fulfill its long awaited uptrend.

 


The CC Report offers two subscription services---$9.95/month or $100/year. It is well worth the information received.

 


 

Darah

Author: Darah

Darah
http://www.thecompletecoveragereport.blogspot.com/

Copyright © 2012-2013 Darah

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