0605_GLDTargets

Next stop down for a (iii) would be around 110.75… abc up for a (iv) to a 38.2% retrace around 113.47… then back down in 5 waves to about 108.80 (the 1=5 target based on estimates). After that would expect an abc corrective up with more down to follow or 5-waves up depending on whether we have hit bottom or not….