Gold has completed a long term projection with 5 waves from the early 1900's. Most recently, it completed the first BUY pattern and the level held. Today, it went up and tagged a level that represents the first sell pattern since the ATH. For the bears, this pattern should hold and ultimately take out the most recent low. If you are a gold bug (and why not) then you want this level to be taken out to the upside. This will add probability that this bull run in Gold will continue, for now. Key level for Gold right here, right now.