The next example of a two-step cluster was found on a daily continuous
chart in the gold market (see Figure 8-11). It included a 50 percent
retracement of point a to point b, a 1.272 extension of point c to point d,
and a 1.0 projection of point b to point c, projected from point d. The zone
came in between 456.70 and 457.70.