Elliott Wave Analysis – XAUUSD Trading Plan for June 30, 2025

5 天前

🌀 Elliott Wave Structure
On the H1 chart, we observe a double zigzag correction WXY (in red). Currently, Wave Y appears to be developing as a green abc structure.

In this abc structure:
+ Wave a started with a leading diagonal (5-wave triangle).
+ Wave b followed as a typical abc correction (in black).
+ Wave c is currently unfolding as a clear 5-wave impulsive move, characterized by sharp and rapid price action.

The key issue now is to determine whether:
+ The price has completed wave 5 (black), or
+ It has only completed wave 3 (black) within the green wave c.

If the current movement is wave 3 (black), we should expect a wave 4 correction, followed by one more leg down to complete wave 5. In this scenario, wave 5 will be confirmed if the price breaks below 3255. There are two potential target zones for wave 5:

+ Zone 1: 3247
+ Zone 2: 3224

If wave 5 has already completed, the upward move to 3283 could be wave 1 of a new bullish trend. The next pullback would be wave 2, with an expected target between 3266 – 3261.

⚡️ Momentum Analysis
D1 timeframe: Momentum is in the oversold region, suggesting a high probability of a bullish trend in the upcoming week. This supports the view that wave c (green) of wave Y (red) is nearing completion.

H4 timeframe: Momentum is turning bullish, indicating the current upward movement may continue. This adds to the uncertainty about whether wave 3 or wave 5 has ended.

🧭 Trading Plan
📍 BUY ZONE 1
Entry: 3264 – 3261
SL: 3254
TP1: 3283 | TP2: 3297 | TP3: 3315


📍 BUY ZONE 2
Entry: 3247 – 3244
SL: 3237
TP1: 3283 | TP2: 3297 | TP3: 3315


⚠️ Important Note
This trading plan assumes either wave 3 or wave 5 has completed. Therefore, if in the early Asian session, the price does not touch the 3264 – 3261 zone but instead rises above 3283 without closing above 3297, and then drops back below 3283, we should avoid buying at 3264 – 3261.
Instead, we should wait for a potential entry at the 3247 – 3244 zone.

5 天前

交易進行

BUY Zone Plan: 3347 – 3344
We’ve locked in +380 pips Hit TP1 in profit from this setup!

5 天前

交易結束：目標達成

BUY Zone Plan: 3347 – 3344
We’ve locked in +500 pips Hit TP2 in profit from this setup!

5 天前

註釋

📊 XAUUSD Trading Plan – Based on Elliott Wave Structure

✅ Entry Conditions
🌀 Wave Structure
On the current chart, we observe a leading diagonal formation composed of 5 waves (1-2-3-4-5 in black), labeled as Wave I.


This is followed by a corrective abc pattern currently unfolding, representing Wave II.

🎯 Projected Completion Targets for Wave II
+ Target 1: 3269
+ Target 2: 3265
+ Target 3: 3258

🔄 Momentum on the H1 timeframe is showing signs of a potential bullish reversal, supporting the idea that Wave II may be nearing completion.

🧭 Trade Setup
📍 Buy Zone: 3271 – 3269
Stop Loss (SL): 3261
Take Profit (TP):
TP1: 3289
TP2: 3296
TP3: 3335

4 天前

註釋

🎉 Congratulations, everyone!
We’ve secured a +760 pips gain from our entry at the 3247 – 3244 zone.
It’s a bit unfortunate that we couldn’t DCA at the end of Wave 2, but no worries — we’ve already achieved nearly 8R in profit, which is fantastic!

📈 Current Outlook
Price is currently moving within Wave 3, and the target around 3350 (our TP3) is highly likely.
✅ Our plan: Wait for Wave 3 to complete, then look for a buy opportunity in Wave 5 after the Wave 4 correction.

⚠️ Important Note
During Wave 3, we only trade using scalping strategies, not swing setups.

3 天前

註釋

🎯 TP3 Successfully Hit!
We’ve officially reached TP3, which was adjusted in today’s update, for the entry at the 3247 – 3244 zone, locking in a total profit of +1000 pips with a 10R return — an outstanding result!

📉 Next Plan
We are now waiting for the Wave 4 correction to prepare a new trading plan based on the Elliott Wave cycle.