The correction

If there's a correction price will fall to 1735 then surge again. 

Monthly gold

On monthly gold chart bollinger bands are narrowing. Which is indication of big breakout. This time it's UP.

50%

Ok last retracement was 50% from 1547 - 1798 price range.

Breakout

Long awaited breakout is happening. Weekly stochastics point up and ready to move higher.