Sad night, but not surprising, from my cycles man from the weekend. This has been his consistent view.
In the interim, a multi-month low is likely in the mid-dle half of Aug ’23 (Aug 14 - 25, ‘23) - the conver-gence of multiple cycles and timing indicators in Gold- including a ~3-month/ ~90-degree low (Nov 23) - low(Feb 27) - low (May 25/26) - (low; Aug 23 - 28) CycleProgression. The action of Aug 1 - 4 needs to corrob-orate this.If the late-Aug ’23 low is a higher low in Gold, itwould set the stage for a significantly bullish period tofollow. With Gold already setting a multi-year tripletop near 2080/GC, it is likely to break out above thatlevel and accelerate higher before reaching the early-Nov ’23 cycle peak.
Captain E Wave has 23.42 as potential target for this wave down.
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