$Gold = Weekly Analysis = 28.05.2022 #GOLD #preciousmetals $GDX $GLD #XAUUSD #GC_F $XAU @markets @seekingalpha #commodities

This week #Gold had a chance to extend the rally started last week, but failed. The technical conditions are similar to those in the second half of 2020 or even a tad worse. My bearish call in March stands.

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 is a technical setup shared on March 29th. The chart below is a candle call even earlier – on March 18th:

Gold Quarterly Analysis covers very long perspectives of quarterly candle formations:
https://investingangles.com/2022/04/03/gold-quarterly-analysis-long-term-forecast-03-04-2022-gold-preciousmetals-gdx-gld-xauusd-gc_f-elliottwave-xau/

The following section is available for the subscribers only. A $10 USD monthly subscription gets you access to the monthly and weekly analyses, mid and long term forecasts for cryptocurrencies, major US and some world indices, volatility index and DXY, precious metals and miners, commodities, popular stocks and more. There is no free trial. For $10 USD you can evaluate the service for a month and discontinue the subscription at any time.
https://investingangles.com/subscription/

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Previous Weekly Analysis:
https://investingangles.com/2022/03/26/gold-weekly-analysis-26-03-2022-gold-preciousmetals-gdx-gld-xauusd-gc_f-elliottwave-xau/

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