Bonds are still extending wave iii up but I still think a retrace is due. Current Gann based resist at 153^07. Note that the Wave 59 9-5 study will have a gold 4 on the Friday bar, one short of an ideal exhaustion signal. Also of not is that the fast cycle is at a high now and is scheduled to head down into the end of next week.

You must be logged in as a Daily Analysis or Intraday Analysis subscriber to view the rest of this post.