XAUUSD Weekly Analysis – Gold in Correction or Bullish Move?

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Gold (XAUUSD) Weekly Update:

Gold has entered a correction phase after showing divergence. Based on Elliott Wave, Wave 3 has ended, and we're now in Wave 4. If 2800 holds, the main trend stays bullish, and after this correction, Wave 5 could push us towards $3000! 💰

Key Levels:

Support: 2800

Resistance: 2862 – 2882


As long as price stays below the 2862-2882 range, the trend is bearish short-term. A break above could signal a bullish continuation. 📈

What’s your take on gold? Will we see $3000 soon? Drop your thoughts below! 👇

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Feragatname

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