I'm still bullish on GOLD for the next few trading days and thinking its going to attack the highs next week (and fail to breach).
In that regard, I anticipate that NEM is in an expanded flat and that wave 5 of the ending diagonal should commence Monday morning after a wave 4 overlap at $38.79.
If my analysis is correct, NEM will bottom after this quick overlap and make its way higher, peaking between the 2 recent highs of $41.62 and the yearly high of $41.08, which occurred on August 28.
Stay tuned.
Comments appreciated.
Benji Miller
In that regard, I anticipate that NEM is in an expanded flat and that wave 5 of the ending diagonal should commence Monday morning after a wave 4 overlap at $38.79.
If my analysis is correct, NEM will bottom after this quick overlap and make its way higher, peaking between the 2 recent highs of $41.62 and the yearly high of $41.08, which occurred on August 28.
Stay tuned.
Comments appreciated.
Benji Miller