Gold is on the launchpad
On Friday, gold made a spike low at the Fibonacci 78% retrace of the wave up off the March low to the May high. It came within $14 of that low. And breaking it would have destroyed my Elliott wave labels I have been working with since the November low.
But now, I believe we are now on track to aim for the stars – first stop: $1300
The upper tramline was broken this morning – a bullish signal.
VIP Club members are long from below $1180.
