the xau bottomed on 1 21 16 at about 39 it then topped may 2 at about 94 for a wave 1 of 55 points
we pulled back in wave ii to about 79
if wave iii is 1.6 times wave i we are looking at about 84 points in the xau
or a rally up to about 160 to 170 area fwiw
so imo there is potential on this wave for the xau to rally up to this area fwiw
just my take
