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Thursday, July 23, 2026

Gold Update [24JUL2026]: More Complex Wave 4 Appeared

Gold Update [24JUL2026]: More Complex Wave 4 Appeared

Gold Futures COMEX_DL:GC1!

wave 4 has built more complex flat correction
its second spike neither broke above the trend channel not above RSI crucial 50 level

wave 5 of (C) of ((4)) could be underway

Minimum target: $3,955 to retest valley of wave 3
Normal target: $3,720 where ((C)) = ((A))
Trend's support: $3,500
Strong support: $3,300 where lower degree wave 4 had bottomed



source https://www.tradingview.com/chart/GC1!/OAD4JZVy-Gold-Update-24JUL2026-More-Complex-Wave-4-Appeared/

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