*** TA - WMX - Gold - Wiluna Mining Corp ***, page-75

In a previous life I traded gold both physical and futures. I cashed some of my physical gold on this current down leg at $1900.
It became apparent over many years that gold would reliably retrace 50% after a substantial run. For those hanging out for a halt to the current slide note that May 2019 to Aug 2020 it rose cica $800. The current retrace to $1700 (down $400 from its $800 run up) should stabilise here and commence another climb.
Those are the characteristics of any historical gold chart and one can check at **promotion blocked** technical gold charts. The problem is it is not possible to know how long the consolidation before the rise and the length and height of the next rise.