GOLD: I don't subscribe to the consensus. Bear clouds forming.

The weekly and daily price action has some glaring issues for me. It has thrown a spanner in the works in regard to my original very bullish count. I had been working on the assumption that the rise off the 2018 August lows formed a 5 wave impulsive move. However, wave 2 and wave 4 are too similar​ in both structure​ and complexity to continue with this theme. I try to be flexible​ in my approach to EW theory but rules of alternation are a fundamental​ aspect​ which should be observed to get accurate​ counts. Therefore, my primary count has switched​ to an ABC double ZIg-Zag reaching its zenith now or soon. The impulsive drop in March 2020 was not a flash wave 2 on the supercycle​. Wave 2 corrections although deep must also take time to complete. I am therefore anticipating​ a large sell-off​ on gold.