$Gold = Weekly Analysis + Long Term Forecast = 23.04.2022 #GOLD #preciousmetals $GDX $GLD #XAUUSD #GC_F #ElliottWave $XAU

This candle setup was shared on March 29th. This week, after marginally testing the stop-loss level, #gold confirmed the intent by forming one more bearish Engulfing on the weekly chart.
People tend to be skeptical of the Japanese candlestick theory that is some 400 years old… Time will tell.

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