$Gold = Multi-Year Inflection Point = 09.03.2022 #GOLD #preciousmetals $GDX $GLD #XAUUSD #GC_F #ElliottWave $XAU

Gold is on the verge of making a decision that will have an impact on the waves for several years if not decades.

Gold has completed a clear 1-2-3 structure and is possibly working on forming waves 4 and 5. If this 1-5 structure is done at a higher degree, it will open a path to much lower prices and it would impact the long term projection that was discussed in details here:

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