GC Update: Still trekking higher

Not much to add in reference to Gold. It is still following my path higher into the target box. Thus far it appears its wave 1 of (5) is complete and it is starting its sub-divisions of wave 3 of (5). If this is correct, it would coincide with the drop I am expecting with the indices. It is by no means a requirement for gold to rise when the index's fall but is has long been considered a store of value. So, it would make sense for it to move higher while the overall markets are dropping. Gold is slow moving though, so we will just have to wait and see. Once this wave (5) completes it will have finished a cycle wave III, and IV always comes after III lol.

We have already made a new high which is the only real requirement for this structure to be considered complete. I would like to see us continue to raise into the target box though. Around the $2400-$2500 area would be an ideal place for this wave to conclude. Again, not required, just ideal. Good luck everyone!