currently gold is entering wave 4 which is an impulsive wave (subwave) forming wave 3 (or C if no motive wave is formed). next gold will uptrend to form the 5th wave. This analysis is also based on the Fibonacci ratios which you can see in my chart display. Some astrology traders take advantage of the "mercury rerograde" moment which indicates an uptrend will occur. and in fact trader astrology analysis fits in with Eliotician analysis. Besides this, if we look at the current world geopolitical conditions, to avoid losses, usually some big guys investors save their funds in gold as a save heaven. thus, we have at least 3 confirmations to decide to buy in the gold market.