Futures Oro
Short

Gold Update [30JUL2026]

221
wave 4 of wave C shows another peak which potentially shapes a triangle
this spike should keep below previous high of $4,171 to fit triangle's rule

The low of wave 3 as a target was eliminated as triangle would accumulate
enough bearish momentum to drop much lower
Other downside targets remain unchanged from previous update

RSI keeps Bearish position under the "waterline"

Bullish trigger is set at the bottom of wave 1 at $4,510

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