#XAUUSD = Impressive Magnitude = 15.06.2021 #GOLD #preciousmetals #investing #charts $GDX $GLD

If gold is setting up for a decline, the magnitude of 1-2-i-ii is impressive. A very modest Elliott Waves projection points towards $1740-$1660 area. From the candles perspective, a closure below ~1850 today would form a Three Black Crows that normally signals an extended downtrend. The three Bearish Alerts have been issued since June 1. … Continue reading #XAUUSD = Impressive Magnitude = 15.06.2021 #GOLD #preciousmetals #investing #charts $GDX $GLD