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Quick Elliott Wave update for Gold (XAU/USD), as of June 16, 2025.
Gold is currently in a Minor Wave (iv) consolidation within its larger Wave 5 uptrend. This period of sideways movement is healthy and expected to last from a few days to a month, building a base.
My primary view is that once this Wave (iv) completes, Gold will launch into its final bullish surge (Minor Wave (v) of Wave 5), targeting new all-time highs.
Long-Term: Be aware that after this "5th of 5th" completes, a prolonged, multi-month to multi-year correction or consolidation is highly probable, marking the end of the current major bull cycle.
Thoughts? Let me know below! Like & Follow if helpful.
#XAUUSD #Gold #ElliottWave #EW #Fibonacci #TechnicalAnalysis #Consolidation #Uptrend #PriceAction #ChartAnalysis #WaveAnalysis #MarketStructure #TrendAnalysis #Bullish #Correction #PriceForecast #LongTerm #ShortTerm #Trading #Investing #MarketUpdate #FX #Commodities
❗ Important Disclaimer: This analysis is based on Elliott Wave Principle and is my personal interpretation, not financial advice. Trading involves risk. Always do your own research.
Quick Elliott Wave update for Gold (XAU/USD), as of June 16, 2025.
Gold is currently in a Minor Wave (iv) consolidation within its larger Wave 5 uptrend. This period of sideways movement is healthy and expected to last from a few days to a month, building a base.
My primary view is that once this Wave (iv) completes, Gold will launch into its final bullish surge (Minor Wave (v) of Wave 5), targeting new all-time highs.
Long-Term: Be aware that after this "5th of 5th" completes, a prolonged, multi-month to multi-year correction or consolidation is highly probable, marking the end of the current major bull cycle.
Thoughts? Let me know below! Like & Follow if helpful.
#XAUUSD #Gold #ElliottWave #EW #Fibonacci #TechnicalAnalysis #Consolidation #Uptrend #PriceAction #ChartAnalysis #WaveAnalysis #MarketStructure #TrendAnalysis #Bullish #Correction #PriceForecast #LongTerm #ShortTerm #Trading #Investing #MarketUpdate #FX #Commodities
❗ Important Disclaimer: This analysis is based on Elliott Wave Principle and is my personal interpretation, not financial advice. Trading involves risk. Always do your own research.
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。