ABC or ABCDE as cycles suggest.Gold FuturesCOMEX_DL:GC1!zextarEither way, we will have to wait at least until the D high is taken out or better B high to call this correction over. Personally, I'm hoping for an E bottom to back up the truck and but definitely not selling yet. Below 3200, I might reconsider my bullish position, otherwise, I'm a big buyer if 3600 is seen.