Looks like a nominal 3-3-5 Flat correction with some overselling on Gold, should turn for upside soon.
Note
Keep in mind on the macro time frame for Gold, it is also possible we are forming a multi decade 3-3-3-3-3 Triangle pattern for upside, perhaps Expanding Triangle. Need to see the smaller time frame Flat mentioned above get invalidated first to be confident in this.
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Disclaimer
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.