I have Gold on day 21 seeking out its next TC Low.  My normal timing band, low to low is 23-29 days so I will be looking for the next low between mid-June to perhaps June 20-22.

My Blue Boxes on the Gold and GDX charts show you Time and Price possibilities. On Gold, the box should project at least a 38% retrace as a minimum but more likely a 50% retrace or lower.

The bottom line, however, is that we should expect a higher low than early May based on the Time that Gold and the Miners have spent moving higher in this current shorter term Trading Cycle.  A great buying opportunity is dead ahead, so stay tuned.

(Click on image to enlarge)

(Click on image to enlarge)