broughro
Long

Ending diagonal should now quickly retrace deeply ~78% to (A)

AMEX:GLD   SPDR GOLD TRUST GOLD SHARES NPV
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First 5-3-5 is near completion and if it morphs into 5-3-5-3-5 than that will be Minor 1 of (A) of Primary B. This should be a quick ascent as its the initial correction of a large slow ending diagonal that started in May 2014.

(A) likely ends near 125 before correction in (B) before continuing to (C) of Primary B around 135 (1,350 cash gold ). This will take a few months to occur.

The onset of Primary C will lead to a crash significantly below current levels...
Comment: The five wave ascension has taken the shape of a 5-3-5-3-5 so far with what I had forecast as iv circle overlapping i circle. This is best explained as iv circle (as labeled in forecast) actually being a next fractal lower i and ii, meaning the current upward movement is wave iii of an extended iii circle. Expect a big jump to the upside as this represents a third of a third wave...good luck!
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