Hey guys for gold we are still in unclear position with the war still going on. However on the major time frame we may seem to have completed the bullish movement as price did not manage to break the 2077 resistance level. With that being said the movement to the downside we are seeing now also does not seem like a corrective one. It seems more like a impulsive, trendy, 5 wave move down. With that being said i believe we may have started our bearish movement whereby we are in entirely new 5 wave move down. Currently we would be in Wave 1 within the Major Wave 1. We seem to have a little more movement to the downside to complete all 5 Waves for Minor Wave 1 before we see a deep retracement to the upside for Wave 2. However if this correction ends up rallying and breaking 2071.50 resistance then this counting would be invalid and would mean we still arent finish with bullish movement.
Good Luck
Good Luck