Gold

Gold while the wave 4 lows at 1306 remain intact we expect to see another couple of divergent highs in wave 5, the 1.236% inverted extension of the depth of wave four is 1330.75, the 1.618% inverted extension of the depth of wave four is giving 1338.28 target for the 5th wave. The 50%-61.8% fib retracement zone of the wave W cycle lower from the March highs 50% @1334 /61.8 @ 1348