I'd like to see a pullback into the teens before the next leg up...

I'd like to see a pullback into the teens before the next leg up to 350.

We've confidently broken through the .236 fib retracement level so next stop is where I think the .382 fib level and the 200EMA will converge - just above 350.

This bad boy just goes from strength to strength (if you completely ignore the 50% fall this year LOL) so IMO we'll be back above 400 in no time but I just hope we can do in a sensible fashion that doesn't suck too many people into buying high and having to dump if gold retreats a little.