March 20, 2026: #XAUT

The decline initiated by the blue point is considered the third part of the adjustment, which is the joint Y or platform C. The joint Y is not a triangle and must break below 4402 once more. 4502 may be the bottom of 5238, but it is not yet the bottom of the blue point. The minor level pressure is 4783.6, and there is still a possibility of continued decline after the rebound ends.

ps: The risk of breaking below 4402 in the future cannot be ruled out.

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