Gold

The wave structure is looking better. There should be another correction in days to come that could retrace deep.
All of the wave two's have had a deep retrace so we shouldn't expect anything different this time. The Price action should not close below the Tweezers (fuchsia circle) on the retrace or the structure turns Bearish. With the wave two's out of the way, we should then see Momentum develop in a strong way.

Click on the chart to enlarge.
Charts by stockcharts.com