The wave structure since then has been quite complex and does not show the strength normally associated with a 3rd wave. This has led me to completely look again at the whole chart
since the early 2016 bottom with the following comments:
The correction since early 2016 looks like it could be tracing out a double with the A wave complete and the B wave taking the form of a triangle.
In this triangle the A wave is complete and the B wave is taking the form of a double with a FLAT taking shape as the(X) wave.
If correct this means that GOLD will drop this coming week to complete the FLAT and then rally to complete the triangle B wave.
As always comments welcome.
I will take a look at XAUEUR soon.