XAU/USD Weekly Outlook – Bearish Wave Confirmation?
Gold (XAU/USD) is showing a potential Elliott Wave structure on the 2H timeframe, with a completed 5-wave impulsive move followed by an ABC correction.
🔴 Key Resistance: 2947
🔵 Key Support: 2923
📊 Possible Scenarios:
1️⃣ A rejection from resistance (2947) could confirm a wave C down to the 2907 - 2893 zone.
2️⃣ A clean break below 2923 could trigger further downside momentum.
3️⃣ If bulls reclaim 2947, we could see another upside attempt.
⚠️ Bearish Bias: Watching for confirmation before entering shorts! 📉
👍 Like & Follow for more updates! 🚀
🔴 Key Resistance: 2947
🔵 Key Support: 2923
📊 Possible Scenarios:
1️⃣ A rejection from resistance (2947) could confirm a wave C down to the 2907 - 2893 zone.
2️⃣ A clean break below 2923 could trigger further downside momentum.
3️⃣ If bulls reclaim 2947, we could see another upside attempt.
⚠️ Bearish Bias: Watching for confirmation before entering shorts! 📉
👍 Like & Follow for more updates! 🚀
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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。