Gold Update 08JUL2026 - Up to $4,918Gold FuturesCOMEX_DL:GC1!aibekBlue wave B dipped below the bottom of large white wave (a) transforming the white wave (b) into a expanded flat RSI shows Bullish Divergence, watch if it breaks out over 50 "waterline" while the price should break beyond the former top of $4,404 for confirmation Blue wave C might peak at the same level as blue wave A at $4,918 After that, expect another drop within large white wave (c) with preliminary target around $3,300