$XAU vs. $WTI Complete Geo; Limited Downside For #Gold

Synopsis:

1 - Price traces two interlocked Geos
2 - Smaller (BLACK) Geo completes its 5-point regimen; Aims for 1-4 Line (Wolfe Wave rule)
3 - Larger Geo is pending Point-4 & 5 in the 19.10/1844 range
4 - TWO bullish targets exceed 1-3 Line of larger Geo:
a -- TG-Hi = 36.20 - 30 AUG 2015
AND
b -- TG-Hix = 39.72 - 30 AUG 2015
5 - Bullish Target may align with Point-5 ectopia at 5'





OVERALL:

Interim decline is limited by the geometric parameters (estimating floor in the 19.10/18.44 range) with subsequent upside potential to levels above the larger 1-3 Line's Geo.

Best,


David Alcindor
Predictive Analysis & Forecasting
Durango, Colorado - USA


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