I think that If EWW reaches the $72.50 price level around Aug 20th, it will complete a (somewhat valid) bearish Gartley pattern, with a relatively high prob for the price to drop to the $66 direction in less than a month, on where there's a strong volume-profile balance attractor.
If gold ETF (GLD) drops to the 120 levels during the next month, and gets back to the 130 levels back again, we may see a pullback to the on between the 126 and 124 levels before the end of the year.
