Gold Weekly Analysis

Gold is now officially in a bear market, after declining 22% from the all-time top we called in January, when the bullish chorus was almost impossible to ignore. As our bear market special, we have reintroduced the Precious Metals package at a very attractive price. In this weekly analysis, we examine Gold’s evolving setup across multiple timeframes, review the key levels and downside targets, and outline the most probable paths as the metal approaches its next decisive move. CANDLES On Friday, gold finally lost the 200 DMA, something it had not done in three years. The 8/20 EMA bearish cross on the weekly frame, recorded a week earlier, was also confirmed. Statistically, this event signals a continued decline in the 7–25% range. In the worst-case scenario, that would translate into a 38% loss from the top. As you can see, gold is already at the upper target. Gold continues to…