Longer term, remember that the March ICL held above the October ICL. With our newfound Cycle clarity, we no longer need to be concerned with the possibility of an early IC failure, so we can once again at least entertain the possibility that the bear market double bottomed in March. I believe that we’re about to see a Short covering rally from the speculators, one that will drive price up to the declining trend-line that marks the place where the last 5 bear market ICs topped. Beyond that, further upside will require that speculators turn bullish and begin buying Long positions again. If that unfolds, we should expect to see Gold cleanly break and exceed the trend-line, and eventually push into the $1,300 range, perhaps as high as $1,375. And if that happens, if Gold has a double bottom ICL followed by a higher IC top, it will be an exciting development for long-suffering bulls!