#Gold is likely to take a pause for several weeks before going further down, as forecasted almost two months ago.
Let’s evaluate recent developments from various perspectives and project the next steps.
This analysis is part of the Weekly Series – US Indices, Cryptocurrencies, Commodities, Currency, Large Cap stocks – that can be viewed here.
This Weekly Analysis contains:
– overview of the daily, weekly, and monthly candles and TA;
– long term and short term forecasts with Elliott Waves.
The chart above was a technical setup on March 29th. This chart below was a candle call on March 18th:
Quarterly Analysis also covers very long perspectives of quarterly candle formations:
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