Top Heavy Metal?

Posted: March 24th, 2011 under Commodities, Predictions.
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Gold – GLD

Gold had a reversal day today and is now showing several excellent spiral calendar alignments with prior highs and lows. Did we just see the top? Silver and Copper are also showing good alignments today.

Spiral Calendar Alignments For Gold (GLD) Backwards From March 24th, 2011

Spiral Calendar Alignments For Gold (GLD) Backwards From March 24th, 2011 – click to enlarge

Silver – SLV

Spiral Calendar Alignments For Silver (SLV) Backwards From March 24th, 2011

Spiral Calendar Alignments For Silver (SLV) Backwards From March 24th, 2011 – click to enlarge

Copper/FCX – Freeport McMoRan

Spiral Calendar Alignments For Copper/FCX - Freeport McMoRan Backwards From March 24th, 2011

Spiral Calendar Alignments For Copper/FCX – Freeport McMoRan Backwards From March 24th, 2011 – click to enlarge

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1 Comment »

  1. I have readthe book spiral calendar and your analysis for 6 months now and it’s really amazing !
    I specialized in elliott wave and my conclusion at present time about gold is that gold is going to go down in the next months and should go down bellow the top of march 2008 at 1.032$. It seems quiete unbelevable, but it’s what my count says, because since we hit 680$, we are not in an impulse wave and the rule described by R. Prechter that wave B is max 161,8% of wave A is wrong. It’s actually 200% and we have now done 2 irregular B waves. If you send me an email, I can send you my elliott count.
    Martin Armstrong talked recently about gold saying that marc and june will be two top or bottoms months, so for march, it’s one day left, it should be a top.
    Also a really great book to read about finding fibo dates is “the new fibonnacci trader”

    Thank you for your very good work,

    Julien

    Comment by Julien — March 31, 2011 @ 12:17 am

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