Has Gold Price Bottomed (or does it have lower to go)?
1 extracted signal · 0 resolved · 1 still active
Alessio RastaniIndependent analyst profile- Source published
- 13 Aug 2026, 13:11 UTC
- Recorded by Tahlil Plus
- 13 Aug 2026, 14:18 UTC
AI-generated source summary
The analysis suggests that gold has completed its primary wave of decline and is currently in a corrective phase. While a short-term bounce is observed, the longer-term outlook remains bearish. The price is currently trading below key moving averages (21-week and 50-week), indicating downward momentum. The rally observed appears to be a 'B wave' correction within a larger ABC downtrend pattern. The analysis points to a resistance level around 4500, and as long as gold stays below this level, the probability favors further downside. A break below the 4000 level would confirm the continuation of the downtrend, with potential targets below this level. The speaker believes the bear market for gold is not over and expects a move towards lower lows in the coming months.
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Alessio Rastani
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Tahlil Plus independently records and evaluates public market predictions. Extraction may be AI-assisted and results follow the Tahlil Plus methodology. This information is not financial advice.