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Re: Gold puts *PIC*
In Response To: Re: Gold puts *PIC* ()

Weekly...7-10 week periods of time or 37 to 52 days. Start count with one being the week that breaks the high of the last low week. Last week was week 6 in the last blast up.

In looking at the last few cases of the 7-10 week you will see the topping pattern at week 7-10 is either a stall(narrow week) or a flat out turn and break of the low of the last high week or range.

Given the huge stick up when it made the 40 dollar gain, I would expect a stall week before the turn.