Not wishing to jinx us, but we look to be forming a nice reversal candle today, some resistance (or capping) in the high 40's
i can see a pattern of a tripple zigzag on the 1 year chart, with the final section a 5x3 wave formation, this would indicate that we should make 1 more new low but not before a bounce first.
Anyway this is my attempt at wave counting aka tea leaf reading.
why carrick gold? priced at $8 per ounce, page-19
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