GOLD mid to low 500's

Now I usually don't make bold long term predictions but this does look interesting. So we just completed a nice 5 wave pattern down to about 1050 and than text book pulled back to the .382 level or about 1383 right up nicely within a channel. Now more recently we have broke that channel and are heading down. So if we do get that 1:1 move that would put us in the mid to low 500's on GOLD. Just something to think about.

If you want to talk to me about this I am usually on my discord: discord.gg/ngvcz