Gold couldn't break below the purple trendline established in 2016 nor could it break below the 0.764 C-wave retracement of an ABC.
Last couple days its made a strong move up over $1300 and $1310 (on average volumes), past peaks where the move was rejected. now it is challenging $1325. Moving past here it should be on its way to challenge $1350 & $1367.
I will be looking to get in on this trend on a pullback to either $1300 or $1310.