Gold (XAU/USD) 3HR - Elliott Wave Correction in Progress
In this 3-hour chart,
we see a well-defined Elliott Wave structure playing out:
W-X-Y corrective wave in progress.
Price is likely heading towards the Y-wave completion zone around 2,428.441, as highlighted in blue.
After this correction, I'm expecting a bullish reversal, targeting the 2,500 level.
A solid setup is forming as we approach the end of this correction. Keep an eye on the Y-wave zone for potential long opportunities.
What are your thoughts? Drop your comments below!
we see a well-defined Elliott Wave structure playing out:
W-X-Y corrective wave in progress.
Price is likely heading towards the Y-wave completion zone around 2,428.441, as highlighted in blue.
After this correction, I'm expecting a bullish reversal, targeting the 2,500 level.
A solid setup is forming as we approach the end of this correction. Keep an eye on the Y-wave zone for potential long opportunities.
What are your thoughts? Drop your comments below!
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免責聲明
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。