$Gold $XAU = Daily Analysis = 22.12.2021 #GOLD #preciousmetals $GDX $GLD #XAUUSD #GC_F #investing

The candles were absolutely precise. Again. Yesterday they hinted that “…it looks like it is trying to complete a Rising 3 Methods and the chances that it moves higher soon are higher than 50%…”, and, here we go – the Rising 3 Methods are complete today.
While a few questions have left unanswered and the formation is not as strong as it could be with a certain support by indicators, the odds are definitely bullish and a higher high is expected.

Let’s try to decipher the messages from the candles, TA and waves.

This daily overview contains:
– analysis of the daily candle chart and TA;
– 2hr EW chart with the short-term targets;
– mid- and long-term forecasts.

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Previous Analysis:
https://investingangles.com/2021/12/20/gold-xau-daily-analysis-20-12-2021-gold-preciousmetals-gdx-gld-xauusd-gc_f-investing/

SPX & DJIA Daily Analysis:
https://investingangles.com/2021/12/21/spx-dowjones-daily-analysis-21-12-2021-spy-sp500-dia-es_f-ndx-fintwit-qqq-iwm/

https://investingangles.com/2021/12/21/market-pulse-still-some-questions-21-12-2021-msft-amzn-aapl-fb-xom-nvda-tsla-google/

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