Here is my analysis on gold on the daily chart having seeing the market break below the ascending triangle, giving us a strong move to the downside from there can see buyers giving us a retest (correction) back to broken trendline. wave (e) which shows our impulsive move towards the downside reaching 1693.3, we still anticipating for more breaks below the previous lows .
Levels to take note: -GLD-
. 1693.3 - July 2022 Low (Broken resistance) . 1601.8 - April 2020 Low (Resistance Target) . 1451.6 - March 2020 Low (Resistance Target)