There is a definite megaphone pattern that has developed. If the upper trendline holds, then prices should decline early next week beneath the 1926 low.
Backtesting the broken channel?
If new all time highs were to come, the ALT: count is shown on the weekly:
Gold oh so close to confirming the long term count.
And the nitty-gritty. Counts better as a zigzag than an impulse at this time.