Gold has completed its wave 5, which seems to be a truncated wave. A truncated wave generally means that the asset is bearish, when wave 5 cannot break above the end of wave 3.
The reversal would come with strong downward momentum
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.