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Commodities

Gold – Quick Update

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Gold Open Articles Public Weekly
1210

The alarms have been blaring for weeks—and the stats haven’t lied. Gold is now flashing early reversal prints across multiple hourly frames. This is the spot where winners tighten risk and laggards become liquidity.

CANDLES

Gold is printing decisive bearish candles across multiple hourly frames, raising the odds of a daily reversal signal.

ELLIOTT WAVES

Short Term

I continue to view the current leg as an after-triangle thrust. It has reached its target and, ideally, should end here—potentially completing an aggressive wave 5 with a very short wave iv (red). Now let’s see how gold closes and what the candles print. High alert.

Happy Trading!

Gold Open Articles Public Weekly
1210
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