GOLD XAU : THE FRACTAL IS STILL PLAYING OUT EXACTLY AS EXPECTED.
On March 20, I mapped the macro path:
→ Massive Rally
→ 45–70% Correction
→ Accumulation
→ Bigger Rally
Then I called the $3,900 → $4,700 relief rally BEFORE the move.
XAU hit ~$4,700, exactly into the bearish order block I highlighted, and the rejection is now playing out.
Gold has since dumped from ~$4,700 → ~$4,140.
NEXT MACRO TARGETS: $3,800/$3,400/$3,200
That would represent roughly:
➔ ~42% downside from ATH
➔ ~31% downside from my $4,700 bearish OB
The macro structure remains unchanged until invalidation.
The real accumulation zone remains much lower.
TA Only. NFA. ALWAYS DYOR.
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