the reason i choose this count is the rally from late dec into feb if you look at the chart of rgld no way was that an impulse wave
then look at the deep pullback in rgld. i would expect a pullback in wave 3 to be small. so the count of a wave 3 starting in dec
just didnt feel right. but look at the rally in rgld since early mar that looks impulsive and that looks like a wave 3 to me
all fwiw just my take but i feel very comfortable with it
