$Gold = Bearish Reversal? = 19.04.2022 #GOLD #preciousmetals $GDX $GLD #XAUUSD #GC_F #ElliottWave $XAU

#Gold formed a very strong bearish daily candle that is likely to flip the trend at least short term. Let’s see how the first wave down evolves – things could get much worse tomorrow.

The long term perspective remains bearish.

The long term forecast was discussed in the weekly analysis:

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