| The Gold chart shows a similar pattern to that of Silver. Since this is a chart I used before there will be no explanation of the course lines that I had upon it. The lines should be apparent to you nevertheless. Since we are discussing EP’s just note that activity within the semi-circle I have drawn. P1 was on Feb 23, P2 was on Feb 27, P3 was on Feb 27, P4 was on Mar 1, and P5 was on Mar 5. There are numerous other reasons for selling this market on Mar 5 to coincide with this EP. Most notably the 5 P’s on the UT from 1-26 and the 11-17 ML 11-30/1-26. We certainly hope this helps in your study of course methods. |
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