XAU/USD has completed a classic five-wave impulsive structure to the upside, followed by a clear ABC corrective phase. The price action shows that wave (5) has topped, and the market has since retraced through a three-wave ABC correction inside a well-defined descending channel.
Currently, wave C appears to have found support right at the lower trendline of the broader ascending structure, signaling a potential completion of the correction and the beginning of a new bullish impulse.
The reaction from this level is strong, suggesting that buyers are stepping in to drive the next leg higher
Wave Count: 5-wave impulse up, followed by ABC correction
Structure: Wave C completed at key channel support
Momentum: Bullish recovery expected if price holds above recent swing low
T1: 3332.268
T2: 3354.078
SL: 3289.400
Currently, wave C appears to have found support right at the lower trendline of the broader ascending structure, signaling a potential completion of the correction and the beginning of a new bullish impulse.
The reaction from this level is strong, suggesting that buyers are stepping in to drive the next leg higher
Wave Count: 5-wave impulse up, followed by ABC correction
Structure: Wave C completed at key channel support
Momentum: Bullish recovery expected if price holds above recent swing low
T1: 3332.268
T2: 3354.078
SL: 3289.400
交易結束:目標達成
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Special discount on our pricing plans! 🎉 - t.me/moneydictators
For Premium Research and Elliott wave Guidance: t.me/warlockmd
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For Premium Research and Elliott wave Guidance: t.me/warlockmd
相關出版品
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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。