$Gold = Weekly Analysis = 11.06.2022 #gold #preciousmetals #XAUUSD #GC_F @wsjmarkets @markets @seekingalpha #commodities

The strong move on Friday was not enough to break the bearish odds on the weekly frame (candles perspective). The long term targets remain unchanged. Details – below.

This analysis is part of the Monthly Series – US Indices, Crypto, Commodities, Currencies, 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 below is a candle call on March 18th:

Latest 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/

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Previous Weekly Analysis:
https://investingangles.com/2022/05/31/gold-monthly-analysis-31-05-2022-gold-preciousmetals-gdx-gld-xauusd-gc_f-xau-markets-seekingalpha-commodities/

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