Gold Tops

At the risk of offending the gold bugs:

 

click to enlarge

The 5=.618 of 1 thru 3 @ 1450. Note the negative divergance on the weekly RSI.

 Daily

Agian note the negative RSI divergence. In this chart the (5) = (1).

Looks like 1386.5 is the next milestone.

I don't really have a count on the very long term chart but the downside risk here is considerable.