My take was that his higher probability scenario was a high being put in on POG in late August, then a downturn well into fall. But he always uses possible "turning points" without being as certain of direction as he is of the date. Two points ahead he notes are the weeks of 7/17 and 8/28. I think he thought gold would take off that week in July to reach a high before Labor day. The POG might have left the station a bit early.

Whatever. As you say Isaiah it's all noise in the long run.