Gold Is Back! GOLD (US$/OZ)TVC:GOLDKnightCycleThis is in line with my last gold update - see Related Publication section. Gold bottomed at $3,948 in a 3 wave (ABC) move to complete the Wave 4 of an overall Macro Move. We are now seeing a 1-2 setup with room for the price to go down further to ~$4,100. The upside of the next run will take gold to $7,500 to $10,000. Gold Mining 2X Leveraged ETF's will result in a 3X move. Timeline: 1-3 years. I am waiting for the price to break and hold the 150 day MA shown on the chart. Macro Economic Analysis can be viewed on my previous gold analysis in the Related Publication. *not financial advice*