Gold Spot / U.S. Dollar
Short
Updated

Gold will retrace to the mean before shooting off

188
Gold seems to have run its full impulse, will be going into A-B-C soon as people take profits and put it into yen or something.
Depending on fundamentals, it will then either go into another decade of slump or fly off.
Note
The upward trend should last till Monday. As of now it seems the mean will coincide with the fib ratio. A-B-C should last... 3 mths?

Now all that's left is to observe and see what Mother Market does and react accordingly

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