$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:
https://investingangles.com/2022/02/12/gold-all-time-analysis-long-term-forecast-12-02-2022-gold-preciousmetals-gdx-gld-xauusd-gc_f-elliottwave/

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Previous Weekly Analysis:
https://investingangles.com/2022/02/26/gold-weekly-analysis-26-02-2022-gold-preciousmetals-gdx-gld-xauusd-gc_f-elliottwave-xau/

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