Gold and Crude Oil

I'm still looking for a break below 1,720 to confirm that an important top is in place at 1,813.79.
Short term we might need a slightly higher move towards the 1,775 - 1,780 area, before taking on support at 1,720.


Crude oil have corrected 50% of red wave iii at 87.27 and at the same time reached the top of purple wave iv. I do expect a challenge of support at 84.60 and more importantly 84.00 soon to confirm that red wave v down has begun. I still see red wave v reaching the 72 area.