#Gold = On Track #19 = 30.05.2022 $GOLD #preciousmetals $GDX $GLD #XAUUSD #GC_F @markets $XAU #commodities @seekingalpha

#Gold failed to extend a candle rally on the daily frame, leaving the bearish odds intact and increasing the probability of a 50/100 DMA cross in the next few weeks. The perspective path outlined 2 months ago (chart below) stands. Buckle up and know who you follow in such turbulent times.

The candle call on March 18th – below.

A bigger picture and probabilities were discussed in the Weekly Analysis:
https://investingangles.com/2022/05/28/gold-weekly-analysis-28-05-2022-gold-preciousmetals-gdx-gld-xauusd-gc_f-xau-markets-seekingalpha-commodities/

Monthly Analysis:
https://investingangles.com/2022/04/30/gold-monthly-analysis-long-term-forecast-30-04-2022-gold-preciousmetals-gdx-gld-xauusd-gc_f-elliottwave-xau/

All Time forecast:
https://investingangles.com/2022/02/12/gold-all-time-analysis-long-term-forecast-12-02-2022-gold-preciousmetals-gdx-gld-xauusd-gc_f-elliottwave/

Follow @InvestingAngles – we offer the best long- and mid-term forecasts.

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