Another consolidation day on Tuesday with the close near the high of the day, the first leg up, wave 1 or A. Once that ends, look for a pullback down to be followed by another upleg, as long as the pullback down does not break below Tuesday's low.
Key supports are 2788 then 2782, then Tuesday's low. Breaking below Tuesday's low target 2763.
Resistance is Tuesday's swing high, then 2808, 2817, 2825.
Gold Chart adjusted to real inflation
Gold Chart adjusted to real inflation
