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Is Gold Headed Toward 4000 or Even Lower Before Reversal? for PEPPERSTONE:XAUUSD by BrightRally_Research
In the previous article, we were expecting a temporary bounce within a broader bearish structure, not a full trend reversal. Check here: https://www.tradingview.com/chart/XAUUSD/Kk6rkHNT-Gold-s-Final-Shakeout-Is-Coming/ Price action is still consistent with that bearish view, but the slope suggests we are still in Wave 3. XAUUSD may form wicks near the lower band of the parallel channel. Wave X has reached wave equality (100% of Wave A). It's possible to see 4000 – 3950 or lower before a …



