mike-b

After its recent correction, global gold reached $4000 and will likely make an upward move toward $4112. As long as it doesn’t break above $4150, it can experience another decline toward the targets marked on the chart.was mistaken in the attached link of chart

Based on my previous analyses, where I projected gold to rise from $2,900 toward $4,500, the price has now reached $4,380. However, this is not the end of the move. There is still a small upward leg remaining, likely targeting around $4,565 to complete this wave count. After that, gold is expected to enter a corrective phase lasting roughly one year, with a potential decline toward the $3,200–$3,120 range. For now, we’ll continue following this current wave until it completes, and then we’ll proceed with the next stages of the analysis.

It seems that Bitcoin is showing a time-based price behavior, and considering the pattern of its growth across several previous waves, it may be setting up for a price correction toward the levels marked on the chart. In addition, if the price breaks above **$125,000**, the next major resistance that could trigger a deeper correction is around **$153,000**. After reaching that level, Bitcoin may enter a corrective phase toward the **$45,000–$60,000** range. However, if **$125,000** fails to break and the price pulls back toward **$94,000**, a **daily close below this level** could open the way for a move down toward the previously mentioned support zones.

In my view, gold is likely to move toward 3111 in the medium term. On the 30-minute timeframe, it appears poised for a potential decline from the 3344 zone, targeting the 3247 level.

It seems that global gold has entered a complex corrective wave, and both in terms of time and price, we should wait for the waves to fully develop and complete their patterns, reaching the end of wave 4. After that, it would be possible to enter a buy position targeting the levels specified on the chart.

"It’s clear that this stock is currently in a strong upward wave and could advance toward wave 5 of 3, targeting the $1,090–$1,350 range. After reaching this zone, it may enter a corrective phase as wave 4, which could bring a pullback to the $150–$250 range. Following that, the stock is expected to resume its main wave 5 rally, with targets between $5,000 and $7,200."

In the daily timeframe, I think global gold will touch the 3085 range, then decline to 2760, then re-enter the rising phase and reach a new target and peak of $4400.✅ “3420 has been touched. After completing the complex corrective structure as the 4th wave, it could move toward the target mentioned on the chart which is 4400-4450”

I think global gold is currently touching the target that was mentioned several months ago, which is 2997, but the main resistance could be 3085, from which we can imagine a decline towards 2760. On a monthly time frame, there is a vague target that shows the number $6000, and most likely, if it happens correctly, we can see this happening in late 2029.

It looks like it will experience a nice uptrend in the medium term and rise to the resistance levels shown in the picture.

In my opinion, gold can create a new upward wave from this range towards 2835 and a new peak can be made.