[wordlife05]

Hi
Have a look at Gold Weekly!!

[wordlife05]

Gold Daily chart shows head and shoulder pattern with break of Neckline.

[wordlife05]

Hi
Have a look at Gold Weekly!!Bearish ABC??

[suriNotes]

Here are two charts of Gold...

1. Inv. H&S Chart (LT?) with Bullish ABC & Targets (from Jun. 5th)
2. Current ABC Bearish Pattern with Price/Time Cycle

Regards,
Suri

[taq]

Hello Suri sir,

I read your interview regarding dragon pattern I have one doubt regarding the two legs
you mentioned it has to be in 5 to 10% range
It has to be in this range (5% is the minimum criteria)?
& also does it applicable to all timeframe like in 240-min & above?

I am uploading Gold 240 min chart does the Dragon pattern is correct?

[suriNotes]

Hi Taq,

Yes, it is a Inverse Dragon setup. Thanks for posting 240m chart.
No need to have 5% minimum for the Dragon legs. Dragon setup
is one of the variation of Double Tops/Bottoms. Very rarely
DT and DB's have perfect bottoms/tops.

Here is another take on the same @ZG 240m chart. It is
Trader Vic's 2B Top (Irregular Top/Bottom) with
Entry/Stop/Targets.

Regards,
Suri

[taq]

thanks for the chart

how you calculate target 2 & 3 in 2B patterns?

Also can you suggest some readings for time analysis & projections.

[suriNotes]

Hi Taq,

Thank you for your post.

2B Targets are prior Swing Lows/Highs before the pattern
emerged and its distance ratios.

To my knowledge books from Scott Carney, Carolyn Borden,
Robert Miner, Larry Pesavento and Bryce Gilmore offered
timing analysis/projections theories. There may be others and
if I remember I will post again.

Regards,
Suri