02-09 Gold chart (by Got Goldies)

Now your wondering what's next.. "I have good news" any other model than this is a complete failure. Lows maybe be lower than I thought $1215 to $1213..before breakout out above red line again.. What you are seeing is ascending W correction
Might last 10 days.

If it goes back up look to left at 1 and 2 and huge drop thus breaking the blue line.