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[gannman]

this last rally is gld retraced .38 of the selloff from oct 28 to dec 3. i believe this was a sub wave 4 . we sb in the final leg down to end the bear market ( famous last words ha ha). dont believe that gld is going that much lower. if and this is a big if gld can regain 123 then we should see a strong rally from there . just my take fwiw