THE PRIMARY COUNT SHOWN IN THE FIRST CHART, THIS SCENARIO ASSUMES THAT THE PRIMARY WAVE B HAS COMPLETED AT $1347, AND THE PRIMARY C WAVE HAS COMMENCED
THE SECOND CHART, ON 60M ILLUSTRATES, THAT GOLD IS WORKING ON IMPULSIVE DECLINE, THE INITIAL TARGET TO DOWNSIDE AT $ 1270
IF GOLD CONFIRMS THE GRAND H&S, WE EXPECT THE MINUTTE WAVE THREE WILL BE EXTENDED, SO THE PRICE TARGET IN THIS CASE COULD LOWER TOWARDS $1220