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Commodities

Gold Road Map

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Daily Gold Open Articles Public
458

Those who studied yesterday’s edition of our Road Map for silver should have been mentally prepared for today’s move. So far, gold has followed our Road Map flawlessly, with only minor deviations. The focus now shifts to confirming the next move and identifying the targets.

In this Road Map update, we outline the most probable paths forward, identify the key targets, and assess how the developing structure may shape gold’s next decisive move.

CANDLES

Gold has a strong chance today to confirm a local top and reignite the decline. If this momentum holds tomorrow, we may see several signals that have not appeared for a while, and they are not bullish.

ELLIOTT WAVES

The road map development:

Short Term

Gold likely completed wave 2 upward and could be starting wave 3 downward. Preliminary targets for wave 3 are on the charts. The potential loss during wave 3 could reach 8–12% or more. As discussed in earlier reports, “the next move down could be strong and furious, possibly either wave iii in blue or the end of wave (c) in green.”

Risk is highly elevated. Stay prepared.

Daily Gold Open Articles Public
458
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