Gold Road Map
Gold Signals Again — What Comes Next?
Gold has flashed another technical signal, and the latest move demands careful interpretation. With structure evolving rapidly, the next phase could define the short- and mid-term trajectory.
In this Road Map update, we outline the most probable paths forward, identify key targets, and assess how the developing structure may influence gold’s next decisive move.
CANDLES
The most interesting candle formation appeared again on the 3D frame. The large Bearish Engulfing from late January has not been negated, and today gold printed another Bearish Engulfing. Although smaller, it carries solid technical backing. The odds are now shifting in favor of the bears.
There may be room for one more controlled session to shape a potential Falling 3 Methods pattern on the daily. If that unfolds, Friday could turn significantly more aggressive to the downside.
ELLIOTT WAVES
The road map development:
Short Term, as discussed in the monthly report:
Short Term now:
Gold is likely facing the consequences of completing an ending diagonal for wave c of (b). Following the initial impulsive move lower, the setup now favors the development of a strong wave 3, which, given current momentum, could unfold rapidly — potentially within a single session.
Risk is elevated, and abnormal turbulence should not be ruled out. Stay prepared.
