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XAUUSD is currently in a Wave 4 correction phase.This week, we could see Wave 5 start to form, signaling a strong potential upside.🔹 Strategy: Wait for confirmation and look for buy setups🔹 Targeting the next bullish wave!Stay patient and ready — the opportunity could come soon! 🚀#XAUUSD #GoldTrading #ElliottWave #Wave5 #TradingOpportunity #BuySetup #ForexTrading #MarketAnalysis #TechnicalAnalysis #GoldForecast #PriceAction

After a strong bullish move in Wave 3, GOLD is currently in a corrective Wave 4 phase, consolidating near key support levels as per Elliott Wave Theory. The market is showing signs of stabilization and preparing for the next leg up.📉 Wave 4 – Healthy pullback after a strong impulse📈 Wave 5 – The next move could break previous highs and open major profit potential!💡 This could be a golden opportunity to build your position before the breakout.📣 Who’s watching GOLD closely right now? Drop a 🔥 in the comments!#goldanalysis #elliottwave #goldsignal #wave5incoming #tradingopportunit

🔥 H4 is currently in Wave 3 – the strongest move in the Elliott Wave cycle!📈 Price is expected to continue rising in the coming sessions.🕒 Wait for a buy setup on a lower timeframe for the best entry!#Forex #ElliottWave #TechnicalAnalysis #TradingStrategy

Gold is currently in a corrective Wave 4 after completing Wave 3. The price is consolidating, showing signs of a temporary pullback.📉 Wave 4 correction in play📈 Waiting for a bullish setup to enter Wave 5🔍 Traders are watching the $3,360–$3,380 zone for potential buying opportunities.Once Wave 4 completes, we expect a strong upward move toward new highs in Wave 5.Stay patient and follow price action!

The chart illustrates the recent price movement of Gold against the US Dollar (XAU/USD) on a 4-hour timeframe, with an Elliott Wave analysis overlay. As of April 12, 2025, gold is trading at $3,237.93, showing a steady upward trend.The Elliott Wave count suggests that the market has completed the first two major impulsive waves ((I)) and ((II)), followed by a five-wave structure currently unfolding in wave (III). The sub-waves of (III) are progressing well, with waves 1 and 2 already completed and wave 3 underway.The sharp rise in price from the recent low near $2,950 to over $3,230 indicates strong bullish momentum, supporting the idea that wave 3 is accelerating. If this Elliott Wave count holds, we can expect further upside, potentially reaching the $3,500–$3,700 range as wave 3 of (III) extends.This setup reflects a classic bullish Elliott Wave structure, signaling continued investor confidence in gold amidst market uncertainties. However, as always, traders should remain cautious of potential corrections (wave 4) and keep an eye on key support levels.

The gold market is currently undergoing a corrective phase after completing a clear Elliott Wave 5-wave impulse structure to the upside, as marked on the chart.🟦 Wave Count Overview:The chart shows a completed 5-wave impulse structure labeled (1) to (5).The sub-waves within Wave (5) are also clearly detailed: (i), (ii), (iii), (iv), and (v).This suggests that the bullish cycle has likely peaked near the $3,080–$3,100 range.🔽 Expected Correction:A sharp downward move has already started after Wave (v), implying a potential ABC corrective pattern is underway.The arrow indicates a projected move towards the $2,960 support zone, marked by the first purple rectangle. This zone previously acted as resistance and now could serve as a demand area.🟪 Key Support Zones:$2,950–$2,970: Minor support based on the consolidation from mid-March.$2,850–$2,870: Stronger support level, also aligned with lower channel support and previous Wave (4).📉 Trend Analysis:The price is still within a long-term rising channel.A breakdown below the $2,950 zone could bring gold toward the $2,850 zone, where the structure suggests more significant support.🔍 Conclusion:Gold appears to be entering a corrective phase after an extended bullish run. Traders should monitor how price reacts around the $2,950–$2,850 levels. A bounce from those zones could provide long opportunities, while a breakdown would confirm a deeper retracement.#gold #xauusd

The chart shows a completed five-wave impulse structure, labeled from (1) to (5).The final wave (5) has ended, with sub-waves i, ii, iii, iv, v marked within it.This suggests that the impulsive bullish trend is over.Bearish Reversal Indicated:There is a strong downward movement after wave (5), confirming a possible trend reversal.Potential Targets for the Decline:Price has already begun declining from around $3,110.The first major support areas could be around $2,900–$2,800, based on previous price action.Deeper corrections could bring the price toward $2,600–$2,500.Key Levels to Watch:Resistance: The previous high near $3,160 is critical. If the price breaks above, the bearish scenario might be invalidated.Support: Watch $3,000 as a psychological level. A break below would confirm further downside.Conclusion:The chart signals a potential correction after a strong uptrend.The bearish wave count suggests a move lower toward key support zones.Traders should watch for confirmation with momentum indicators and volume.

Gold (XAU/USD) Elliott Wave Analysis – Potential for Further Upside?Market OverviewThe chart represents a 1-hour timeframe of Gold (XAU/USD) with an Elliott Wave analysis. The price is currently trading around $3,085, showing a strong bullish trend.Wave Structure BreakdownThe chart highlights a five-wave impulse structure following Elliott Wave Theory.Wave (1) and (2): The initial push upwards followed by a corrective retracement.Wave (3): A strong bullish continuation, confirming an extended impulse move.Wave (4): A consolidation phase forming a bullish flag/pennant, signaling a potential continuation.Wave (5): The final leg of the impulse wave is currently unfolding, with a projected target around $3,120 - $3,140 (based on measured move projections).Key Technical InsightsTrendline Support: The price is respecting the ascending channel, reinforcing the bullish momentum.Measured Move Projection: A 3.12% increase aligns with previous wave projections.Potential Reversal Zone: If wave (5) completes near $3,120-$3,140, a corrective ABC retracement could follow.Trading PlanBullish Scenario: Traders can consider long positions on pullbacks within the channel, targeting the $3,120-$3,140 resistance zone.Bearish Scenario: A break below the channel support could indicate the beginning of a corrective move.ConclusionGold remains in a strong uptrend, with wave (5) nearing its completion. Traders should monitor price action near $3,120-$3,140 for potential profit-taking or a trend continuation confirmation.

Gold (XAU/USD) is following an Elliott Wave structure! 🚀 Wave 4 is coming—Will Wave 5 take us to new highs? Pay attention to the underlying dimensions! 📈✨ #Gold #ElliottWave #XAUUSD

BTC waiting for Wave 4 breakout to confirm Wave 5! 🚀 Will we see the next leg up soon? Keep an eye on key resistance levels! #Bitcoin #ElliottWave #CryptoTrading