#Gold = On Track #11 = 11.05.2022 $GOLD #preciousmetals $GDX $GLD #XAUUSD #GC_F #ElliottWave $XAU #commodities

#Gold continues to move down, as forecasted in March. Today’s little bounce did not make any dent in the downtrend yet.

A bigger picture and probabilities were discussed in the Weekly Analysis:

Monthly Analysis:

Long term forecast:

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