Below is just a PROBABLE PATHWAY FORWARD for the Gold Stocks

 

Just to have a probable idea on where we are headed but nothing is built in concrete

– this is just a possible way forward that may change ,….. but the count seems appropriate.

 

So we are coming up to a ST target at 7500 which I have had for a while,…..  ( it may extend I don’t know!)

The Goldies are getting a little overbought short term thus I have sold JUST MORE TRADING POSITIONS

 

After this Wave (3) top  ( which is comprised of 5 smaller sub-waves)

We should have a corrective decline which will form Wave (4)

After which another strong run higher to form a Wave (5) top and thus complete (w3) of W3  – ( hope that makes sense!)

 

Good luck

Cindy Meintjes