GOLD

Spectrum.

Weekly. Turn bearish till the end of 2021.

Daily. Stay bearish this week.

Annual cycle analysis.

Though bullish bounce is possible this week, annual cycle provides bearish signal till the end of Sept.

Elliott waves analysis.

it will be added from 08/31

ZZ structure.

L-1 ZZ is still bullish while L-2 blue ZZ is turning bearish. Thus, further decline driven by blue ZZ is expected to 1862 level.