Gold Weekly Summary and Forecast 4/19/2025

Gold has been on the rise for consecutive 2 weeks. Currently it is at the final leg of Elliott wave. I am expecting serious correction to come next week.

Next week we should see price rise first and drop from around 3.4k. My optimal target next week will be 3172.

Take note gold is super volatile. It can easily move more than 1k pips one day.

Let's go down to smaller TF for better order next week.