We've been in a long wave 2 correction for the last couple of months, wave 2 has made a deep retracement, and we're now looking at the start of wave 3
This is a monthly view of Gold, showing the C low of 2016. Currently in Primary Wave 5 of Cycle Wave 1 (target $2400 Oct '24)
Gold is currently correcting a Minor wave 4 (target $2027) in an Intermediate wave 1 of a Primary wave 3 (target $2204)
Bitcoin is currently in a multi year ABC correction. Wave B is due to complete in the next few days.
Gold Wave 2 correction, running until the end of November, before long wave 3 bull market through 2024