There are possibilities that gold is nearly complete the second wave and will be making the third wave and perhaps the longest wave. Prepare for the ride!
From the weekly chart, I expect that price will continue to go down until around 50% - 61.8% fib retracement zone before price will go up again. We should alert on sign of weakness around 50% - 61.8% fib retracement zone for buy confirmation. Risk reward is about 1:2 Happy trading! TAYOR