Global | In both wave 5 and 7 counting models, we have to wait for the end of the correction of the global gold ounce. The $3,881 range is likely to be breached to create a new low on the daily timeframe, after which an upward move towards the $4,400-$4,900 targets will begin. In terms of timing, October 27 is significant for the end of gold's decline and the beginning of an upward movement towards the targets indicated on the graph. Telegram channel: Yes channel: 08/03.

Global | In both wave 5 and 7 counting models, we have to wait for the end of the correction of the global gold ounce. The $3,881 range is likely to be breached to create a new low on the daily timeframe, after which an upward move towards the $4,400-$4,900 targets will begin. In terms of timing, October 27 is significant for the end of gold's decline and the beginning of an upward movement towards the targets indicated on the graph. Telegram channel: Yes channel: 08/03.