The Gold Odyssey - Gold continues to go down

By Auguraltrader
After two sets of recent failures (Gold daily chart, right panel), and a lower high to boot...

We are looking for a lower low, currently projected to be about 1550.

Gold is not going to regain its shine for a while. At the earliest, if possible, end of 2022.

Short, Sharp, Simple... as clear as the lustre is lost, Gold down.
Chart PatternscommodityGC1! (Gold Futures)GLDGoldTechnical IndicatorspreviousmetalsTrend Analysis
Auguraltrader

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