Gold has been consolidating 80 days withing a contracting triangle. The amplitude of its base makes up nearly $550, which suggests that the next measured target is $3,875 or 16% from present price level. It took gold 2 weeks to form the $550 base from April 4 to April 22nd. Therefore, a minimum run to $3,875 potentially could materialize within 2-3 weeks. I would not be surprised if gold approaches $4,000 level during the coming leg up...