In this article Eric de Groot seems to get firmer on April as the launch path to attack the all time high in gold. When he says that we will be at $ 1781, when the launch starts, this probably means, that we are coming down from a higher price at that moment. DCFM.

Second Count of the AB Delay Underway

Morning Observations:

• Another AB Transition or DELAY has the weak hands, which includes many within gold community, assuming another D-wave decline (in the ABCD count system) has started. It hasn't. The wave count system goes in alphabetical order: A(up),B(down-consolidation),C(UP),D(DOWN).
• The second count of the three count setup (123) is underway.
• Also, AB Delays tend to finish near their starting point. So at the risk of being charged with heresy from community today, I will be first to say that the current delay should finish around $1780. What action that implies with $1686 is subject to interpretation. For those heavily influence by MSM interpretations (invisible hand), it means sell at the market. For a growing number of others beginning to learn "the game", it might means a better understanding of TIME and timing.

Chart: London PM Fixed Gold and GLD (ETF) Total Assets WA Stochastic




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http://edegrootinsights.blogspot.fr/2012/12/second-count-of-ab-delay-underway.html