The loading period is over, Gold is about to crash. Nothing bullish has happened since early March. The bearish setup remains intact, active since January 2026.
XAUUSD is moving within a correction. The second leg of this correction is set to produce a lower low based on standard price dynamics.
The bounce from late March led to a lower high and this instead confirms an upcoming lower low. Then there is also the fact that a bullish cycle is followed by a bearish cycle, a parabolic rise tends to end with a crash and that is exactly what I am predicting will happen next.
The bearish potential has been building up for months, which makes this an extremely powerful chart setup.
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