Gold/USD Monthly Elliott Wave & Fibonacci Projections

31 Oca

XAUUSD
This analysis presents a detailed Elliott Wave count on the monthly chart of Gold/USD with Fibonacci extension levels for key price targets.

Wave Structure:

The chart follows a classical 5-wave impulse structure (I to V).
Wave V is currently forming with possible subwave developments marked (1, 2, 3, 4, 5).
Fibonacci Key Levels:

100% ($2,529) — initial projection target
127.2% ($2,778) — intermediate resistance
161.8% ($3,095) — dominant bullish extension target
261.8% ($3,019) — extended bullish zone

Potential Price Movement:

A correction near $2,550 aligns with the Fibonacci 161.8% retracement, followed by a rally to complete wave V.
Long-term resistance and liquidity zones highlighted around $3,095.
Use this projection for long-term trading strategies. Fibonacci and wave alignments may guide stop-loss placements or profit-taking points. Keep an eye on corrections near wave 4 zones for confirmation before further bullish continuation

Disclaimer:
This analysis is for informational and educational purposes only. It does not constitute financial advice, investment recommendations, or a solicitation to trade any securities or assets. Trading in financial markets involves substantial risk and may not be suitable for all investors. Past performance is not indicative of future results. Always conduct your own research and consult with a certified financial advisor before making trading decisions.

5 Şub

İşlem aktif

5 Şub

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5 Şub

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The market appears to be in Wave (c) of an ABC corrective pattern following a 5-wave impulsive structure.
Key Fibonacci levels observed:
127% at 2816.28
141.4% at 2842.86
161.8% at 2880.52
Potential Scenarios:
A break beyond 2880.52 may indicate further bullish momentum.
A corrective pullback toward the 100% level (2766.44) could confirm the end of Wave (c).
Keep an eye on price action around critical Fibonacci levels for trading opportunities.

13 Şub

Not

Gold Spot / U.S. Dollar 4H Analysis - Feb 13, 2025

Gold is currently trading at 2,913.69, showing a slight decline of 0.09%. The price has been fluctuating between a high of 2,920.88 and a low of 2,909.40. Key levels to watch include the resistance at 2,950.00 and support at 2,850.00.

Key Observations:

The price is hovering near the 2,913.69 level, indicating a potential consolidation phase.

A break above 2,950.00 could signal a bullish trend, potentially targeting 3,000.00.

Conversely, a drop below 2,850.00 might indicate a bearish trend, with potential support at 2,800.00.

Trading Strategy:

Consider long positions if the price breaks and sustains above 2,950.00, targeting 3,000.00.

Look for short opportunities if the price falls below 2,850.00, with a target towards 2,800.00.

Always manage risk appropriately and consider broader market conditions before entering trades.