Guys...
On Gold, just to show how well it has worked and how HEW can identify structures... Here is an image of last Tuesday's weekly report.
http://i1079.photobucket.com/albums/...old20thNov.png
Note the comment that the Wave iii of Wave -c- should be around the 361.8% projection at 1,753.40. It actually ended up just above at the 370% projection at 1,754.53 so just $1 above. The correction has been as shallow as suggested and therefore (hopefully) we should now see Wave v to the 1,770.80 target area being a Wave equality of Wave -a- and just over a 76.4% retracement in the Wave (b).
If I have it wrong then the 23.6% retracement in Wave iv around 1,742 would begin to risk more direct losses... initially back, of course to the span of the prior Wave -b-...
On Gold, just to show how well it has worked and how HEW can identify structures... Here is an image of last Tuesday's weekly report.
http://i1079.photobucket.com/albums/...old20thNov.png
Note the comment that the Wave iii of Wave -c- should be around the 361.8% projection at 1,753.40. It actually ended up just above at the 370% projection at 1,754.53 so just $1 above. The correction has been as shallow as suggested and therefore (hopefully) we should now see Wave v to the 1,770.80 target area being a Wave equality of Wave -a- and just over a 76.4% retracement in the Wave (b).
If I have it wrong then the 23.6% retracement in Wave iv around 1,742 would begin to risk more direct losses... initially back, of course to the span of the prior Wave -b-...
No I haven't got the wave structure wrong! I've corrected it!