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Before Gold Daily Chart: Wave 5 in motion: Proposed completion of Wave 4?” After Gold has reached our projected resistance zone at $2,905 – $2,940, aligning with the 161.8% Fibonacci extension. Is this the end of Wave (5), or will XAU/USD break toward $3,050? See our full Elliott Wave breakdown for the next potential moves.” … Read more
3-Month Elliott Wave Chart Analysis USD/JPY 3-Month Chart: Elliott Wave analysis suggests Wave ((c)) forming within an expanding flat structure. A potential retracement could complete before further upside.” Summary This Elliott Wave chart analysis suggests that USD/JPY remains in a long-term bullish trend, respecting an established base channel. ? Key Confirmation Levels ✔ Break above … Read more
Summery Current Status: In our latest gold Elliott wave analysis, gold prices have recently broken out of a corrective phase, suggesting we are now in Wave ((5)) of a fresh impulse. Potential upward movement could push gold prices to $2,919 per ounce, with the 161.8% Fibonacci extension level as a key target. Resistance Level: Watch for … Read more