Gold looks to continue the retrace with mixed econ news. While it is POSSIBLE that retrace has ended, I dont think so. One more leg down is highly likely, question is to WHERE?
The EW wave paths are purely a GUESS, fwiw. But the zones are SOLID and will cause reactions. The zones just above and below determine BREAK.
I am still bullish in general and expect new highs soon. This is a necessary correction for strong uptrend support. If we do not test $1450, we face a severe crash from higher.
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Previous Gold Analysis caleld almost every turn (click): <= Last Post <= Still Plausible <= Awesome Short <= Just in Time <= Called the Jump <= To the Penny <= To the Penny <= 8 mos ago
Of course, I have had total FAILS on some ideas too, not going to pretend. But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets. Precision is the way of the Fib. Almost every turn happens at a Fib Line.