GLD nears low point around 87-85$

Elliott wave from 2005 12345 now in C of ABC correction already past 50% retracement nearing 61,8%. After that could come the next impuls up wave. Start to coincide with major war threat or flat out war.
Short while to go.
Threat in the air: Turkey provoking Russia and trying to get NATO involved. Geopolitics: second front against Russia in (again) a proxy war (Ukraine other front).

Kommentar:

Still nicely on track!