do not understand, page-18

Thanks Word

& I concur, particularly with:

"Eventually the gap will be closed but it might take as long as a year or even longer depending on the fundamentals behind the market."

only in this case I think the 3.58 will be closed a lot sooner than that (possibly even tomorrow) as LGL responds even more strongly to downward market movements even more than it does to POG movements (at least at this stage of this gold bull)

The other thing to be taken from your post is that the fact that the gap @ 4.26 on this retracement wasn't quickly backfilled suggested that it was going lower & likewise, if the last gap down @ 4.10 is not filled within the next few sessions it would also indicate further downside.

I'll be buying @ 3.58 & if goes lower to fill the other gaps I'll be buying there too because I want as many for my bucks as possible for it's run to double & maybe even tripple digits at the peak of the inevitable POG blow-off.