 Welcome traders to another intraday wave analysis session with me Patrick Munley. We want to draw your attention to gold on the four hour time frame and we've been tracking this impulsive decline which is subdivided nicely. We've put in a wave four high here and we're now extending down into a potential wave five low which is also subdividing into a five wave sequence. We have an equality objective versus the wave one from our wave four high at 1734 and we have the one six one extension of the wave four consolidation at 1739 and weekly S3 coming in at 1735. So I'm looking for an extension into this area bullish reversal patterns as long as we maintain momentum divergence here bullish reversal patterns to play for at least a three-way corrective move ideally certainly to test 1795 wave four high and potentially up into 1811 weekly range of assistance.