I'm just catching up from today's action. Looking at the $Gold chart I see the downside continues,the fib. step @ the cloud also matches the next support level on the square of nine....1265.60....then the next low tests the price of 1237.60,which is a crossover on the cardinal cross,and at the base of the I-Cloud. This is about the lowest I would give this without declaring it bearish.
$Silver, silver had a constructive pattern going from Friday on the intraday spot chart. Looking at Slv at the 60 minute level, the price has flattened.Unless I missed something the 60 minute count appeared to have completed the Triple Three it had mapped out. Having the $Silver price close below 19.14 would leave the door open for a target of 17.01 on the Cardinal cross. If $Silver closes below 19.14 I would have no choice to change my out look to bearish and thus resort back to my previous Elliott wave count.
URA, I believe the pullback is over,but.... if the downside were to emerge once again 16.33 is the lowest on a close without changing the structure to bearish. With a close of 17.20 ....the buy long price is 18.06....with targets of 19.13........20.23.....21.37.....22.54. the sell stop is at 17.01....with target of 16.00, breaking the bullish structure.
Jo... the Juggernaut.....I'm also using the Square of nine price targets on this one. The intra-day charts has a pretty clear 5 sub-waves down ,now with a flat type wave... a/b ? The square of nine support area @ 28.89 also tests the Proposed sub-wave -i-.If this happens it would be a Gift.The 28.89 also is an measured move down, A/B-C/D. DOUBLE CHECK THAT!
Happy Trading and Best Wishes
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