2.3l turbo

Hi all i have a 88 mustang 2.3l turbo. The turbo set up i have on it is a t3/t4 hyb. With and aftermarket turbo manfold with a 38mm external waste gate. I done check all the intercooler piping and bov for leaks none all gasket good. My wastegate has 19psi spring in it now. My main thing now is when im giving it gas my boost gauge want to flutter around 12psi. Than to 19psi real fast till i shift gears like in 2nd and 3rd. I cant even get to red line it starts doing it is it the wastegate bad. Any ideals the bad thing it done this with a 10psi spring as well any ideals would help. thanks
 
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how much your set up cost you? whats required? im buying a 4 banger soon and might be buying a5.0 to make a swap but im feeling lazy nowadays and im thinking about just keeping the 2.3 and running a turbo in it lmk thanks!