The Next 3X Gold TradeGOLD (US$/OZ)TVC:GOLDKnightCycleGold has fallen 30% from its ATH. From the chart and the SMI, I believe there is still some downside left. My view on the Macro Elliott Wave trend is a 4th wave in a larger Wave 3. The BUY ZONE is between $3800 and $3300 with an upside price of $7000. This is a 110% price increase and with a 2X leveraged gold ETF, a potential 3X return. Timeframe: from buy zone to target price of $7000: 1-2 years. *Not Financial Advice*