Long Opportunity in GLD? (1/2)

Here is a scenario that would match the broader assets' bearish case.
The subminuette 2 in blue is incredibly short in time which is an issue.
We were expecting a flat within the yellow micro 2 but we are currently consolidating instead of dumping (to start subwave C of the flat).
Chart PatternselliottwaveprojectionelliotwaveanalysisGLDGLD_USDGoldgoldideagoldtradingTechnical IndicatorsWave Analysis

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