GLD Potential Cycle Low

As ugly as the price action appears currently, each respective market has its own way of shaking out the majority and making it appear to be the worst possible time to trade counter the trend. Gold cycle (ICL) appears to be roughly 165 TD's (give or take a few). This is the window currently and a potential completion at the lower bound of that trendline. Instead of taking an outright position, I will most likely trade it via options (several months out in time).