The short positions we established near the highs in our previous move have once again delivered a precise strike, with market action unfolding exactly as anticipated. Bearish momentum has been fully unleashed, and today’s large bearish candle drove prices sharply lower, decisively breaking through the bulls’ defenses. Until price reclaims and holds above the top of the trading range on increased volume, the market is likely to remain under bearish control, with further downside now open.
$XAU