That looks like a "weekly Gold chart". I was not sure from your post.
The poster that was "pushing that theory" has not been around for awhile, but I don't recall any thing being said on "specific time frames" for the charts.
If it "is" the "weekly gold chart" you are looking at, it certainly meets the 7/10 rule as I recall it.
If so, then, I think it was, "look for a reversal" but "don't count on it". Wait and see. It may continue up.
That is what I recall, anyway.
Glad to hear all is going well !!!!
Keep in touch !!