broughro
Long

Gold - Continuation and extended forecast...

AMEX:GLD   SPDR GOLD TRUST
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...
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