Just had bumps 1 and 2 and we are in wave 3 now.
If wave 3 ends here we could see some chop as we battle out the remaining longs in the .
This battle would make a inverted pattern that makes the continuation of uptrend possible.
Also the Russian has purchased a lot of gold to stabilise the "rubble" IMO this can be seen as a constitutional order position that they must defend when the prices drop any further.
Let me know your thoughts!