Gold Weekly Analysis

Gold has now lost almost 30% from its high and is trading right in the middle of the blue target area we outlined back in February. The target was hit. The next question is far more important: what comes next — the blue recovery path, the green extension, or the heartbreaking red scenario? This is where the chart becomes critical. Gold is sitting at a major decision point, and the next confirmed signal could define not only the next bounce, but the broader roadmap for the rest of the year. In this weekly Gold analysis, we zoom out across the key timeframes, review the latest candle and momentum signals, identify the critical levels and targets, and assess the most probable scenarios for Gold’s next decisive move. CANDLES: Gold closed Friday with predominantly bearish signals across multiple frames, including the 15D frame. However, I would not call the signals overwhelmingly bearish….