If (A) ends at a 78% retracement of the ending diagonal as forecast then expect (B) to retrace 50% of (A) at (iv) of iii circle before launching (C).
It would be common for (C) to end where it equals (A) so if (B) ends at ~114 then (C) should take GLD to ~140.
Be ready to flip BEARISH once (C) approaches 140...cash Gold 1,400 should prove round number resistance...
It would be common for (C) to end where it equals (A) so if (B) ends at ~114 then (C) should take GLD to ~140.
Be ready to flip BEARISH once (C) approaches 140...cash Gold 1,400 should prove round number resistance...
