Gold Weekly Analysis

It looks like our magnificent long-term Gold chart, shared exactly six months ago, requires no adjustment whatsoever. The roadmap remains intact—and today’s combination of candles and technical indicators delivered a veritable cornucopia of signals. In this Weekly Gold Technical Analysis, we will decipher what they may be telling us. This may be one worth bookmarking. Today’s focus is the mid-term Gold outlook and several prominent candlestick combinations that could shape the next major move. We examine the key technical signals, momentum structure, critical support and resistance levels, and the short- and long-term Elliott Wave roadmaps. The central question is simple: was today’s move the straw that finally broke the camel’s back—or do the Gold bulls still have a chance? CANDLES and TA: There are tons of signals on the candle map after the last three days, and we will focus only on the main ones. Gold confirmed a reversal on…