$XAU = Gold: Weekly Analysis = 21.08.2021 #GOLD #preciousmetals $GDX $GLD #XAUUSD #GC_F #investing

As I suggested last week, the large weekly Hammer was likely a false one, thus there was no convincing rally this week.
The long- and mid-term forecasts did not change. As the wave off the bottom shaped up, we have a target for the next week.

The Weekly Analysis content: overview of the quarterly/monthly/weekly/daily candles and the perspectives for the next week; EW short- and mid-term forecast of waves for August-September; comparison of 2021 vs 2012 from technical and candles perspectives, and more.

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