Darkdoji wrote: Thu Nov 30, 2023 9:21 pm @Dave 111 again spot on in your outlook from our talk yesterday and does seem the whole Gold setup has gotten a bit toppy but as I said do not think it is a reversal just yet as no indication. Regardless it could translate to be a deep 6n Pullback. Could be significant if new 9n bar joins the fray tomorrow. Regardless, any swing higher sooner or later might be a good chance to join and hold for a drive to or beyond 9n limits. Looks like some fat pocket wants to drive out bears by killing the bugs on a low swing up. Not sure what @ImpLaNT thinks?

If you're really interested in what I'm thinking at the moment, here are my thoughts.... Let's look at the weeks...

The upward surge on Tuesday, which brought the price to 2050, turned the 8n TT tile into an open state. And it would be logical to cool down a little in the form of an in-phase pullback. It is quite possible that we are now in 8n FLE, which is shifted upward. It seems to me quite logical to pull back to complete the FLE somewhere around 1945, and then from there continue to climb to the levels of 2200 and possibly higher. But this is not a matter of one week, we are talking about 8n...
Now let's look at M30... We see a beautiful symmetrical attractor with a beginning in 1918 and an end in 2052. It looks quite complete, which once again indicates the possibility of the beginning of a deep pullback that I mentioned above. These are my thoughts at the moment. Tomorrow they might be different