$Gold $XAU = Daily Update = 08.11.2021 #GOLD #preciousmetals $GDX $GLD #XAUUSD #GC_F #investing

As discussed in the weekly analysis, gold continued a rally today. However, the candle formation and EW suggest that a pullback is ahead. Let’s have a look from different perspectives. CANDLESGold formed a Deliberation pattern which typically expects a short-term pullback or a horizontal movement.From the technical perspective, the longer term indicators support a move…