Elliott Wave Monitor
We Expect GOLD To Drop To The $3190 Level Within The Coming Hours.
XAUUSD - 4 HOUR
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An upward wave is nearing its end… the bigger correction is coming!
▪️This BTCUSD daily chart shows an expanded corrective structure that began after Bitcoin peaked at $109,588.
▪️The (A) wave was a complex formation composed of five corrective legs in a WXYXZ pattern.
▪️It was followed by wave (B), which is currently developing as a classic zigzag, with a high probability that its sub-wave B has completed, and an upward wave C is underway.
▪️This wave may push the price toward the 70% Fibonacci retracement level.
▪️Projections suggest that the market may soon enter a new downward phase within a larger flat correction pattern, potentially signaling increased selling pressure ahead.
▪️This BTCUSD daily chart shows an expanded corrective structure that began after Bitcoin peaked at $109,588.
▪️The (A) wave was a complex formation composed of five corrective legs in a WXYXZ pattern.
▪️It was followed by wave (B), which is currently developing as a classic zigzag, with a high probability that its sub-wave B has completed, and an upward wave C is underway.
▪️This wave may push the price toward the 70% Fibonacci retracement level.
▪️Projections suggest that the market may soon enter a new downward phase within a larger flat correction pattern, potentially signaling increased selling pressure ahead.
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Elliott Wave Monitor
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$3135… The Turning Point for GOLD?
▪️The 4-hour Elliott Wave analysis of XAU/USD reveals a complex WXY correction within wave (ii).
▫️Wave W ended at $3201, and the market is now approaching the completion of wave Y near $3135.
▪️This structure signals the end of a deep correction, setting the stage for a powerful rally in wave (iii) toward $3550.
▪️The 4-hour Elliott Wave analysis of XAU/USD reveals a complex WXY correction within wave (ii).
▫️Wave W ended at $3201, and the market is now approaching the completion of wave Y near $3135.
▪️This structure signals the end of a deep correction, setting the stage for a powerful rally in wave (iii) toward $3550.
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EUR/USD Poised for Lift-Off: Is Wave ⑤ Now Underway?
▪️Elliott Wave analysis on the daily chart of EUR/USD shows that corrective wave (iv) has likely completed at the 38.2% retracement of wave (iii), suggesting the beginning of a bullish wave (v) targeting the 1.17 level and beyond.
▫️On the 4-hour chart, the completion of a WXY corrective structure (wave iv in green) is evident, followed by a clear impulse wave (i) and a potential shallow pullback in wave (ii), which appears near completion.
▪️The expected scenario favors the start of a new impulsive rally, supported by clean wave structure and Fibonacci symmetry.
▫️As long as 1.1065 holds, the bullish outlook remains valid, with a breakout above 1.1380 strengthening the case for a move toward 1.17+.
▪️Elliott Wave analysis on the daily chart of EUR/USD shows that corrective wave (iv) has likely completed at the 38.2% retracement of wave (iii), suggesting the beginning of a bullish wave (v) targeting the 1.17 level and beyond.
▫️On the 4-hour chart, the completion of a WXY corrective structure (wave iv in green) is evident, followed by a clear impulse wave (i) and a potential shallow pullback in wave (ii), which appears near completion.
▪️The expected scenario favors the start of a new impulsive rally, supported by clean wave structure and Fibonacci symmetry.
▫️As long as 1.1065 holds, the bullish outlook remains valid, with a breakout above 1.1380 strengthening the case for a move toward 1.17+.
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Our Analysis, Based Exclusively On Elliott Wave Theory, Suggests A Potential Correction In BITCOIN Toward The $70,000 Level In The Near Term.
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Elliott Wave Monitor
Our Analysis, Based Exclusively On Elliott Wave Theory, Suggests A Potential Correction In BITCOIN Toward The $70,000 Level In The Near Term.
Is It Time for a Correction? Elliott Waves Signal a Bearish Turn for Bitcoin
▪️In this weekly BTC/USD technical chart, Bitcoin has completed a five-wave impulsive rally, peaking at $109,588.
▫️According to Elliott Wave Theory, the market is now entering a corrective phase labeled as an A-B-C pattern.
▪️Wave (A) dropped to $74,508, and wave (B) appears to be nearing completion, setting the stage for a potential wave (C) decline toward the $50,000 region or lower.
▪️In this weekly BTC/USD technical chart, Bitcoin has completed a five-wave impulsive rally, peaking at $109,588.
▫️According to Elliott Wave Theory, the market is now entering a corrective phase labeled as an A-B-C pattern.
▪️Wave (A) dropped to $74,508, and wave (B) appears to be nearing completion, setting the stage for a potential wave (C) decline toward the $50,000 region or lower.
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Elliott Wave Monitor
Is It Time for a Correction? Elliott Waves Signal a Bearish Turn for Bitcoin ▪️In this weekly BTC/USD technical chart, Bitcoin has completed a five-wave impulsive rally, peaking at $109,588. ▫️According to Elliott Wave Theory, the market is now entering…
Elliott Wave Analysis for Bitcoin (BTCUSD) - Weekly Chart
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Elliott Wave Monitor
Elliott Wave Analysis for Gold (XAU/USD) – June 15, 2025
Wondering Where GOLD Might Be Headed Next?
▪️Take a look at this chart: corrective wave (2) seems to have ended precisely at the classic 61.8% Fibonacci retracement level, A strong signal that a powerful impulsive wave ③ may be about to launch.
▫️We’re now standing at the edge of wave ③, which is often the strongest and most explosive move in the Elliott Wave sequence.
▪️Wave ① shows a clear five-wave structure, while the current correction looks complete, setting the stage for a potential rally toward the 3600–3700 zone.
▪️Take a look at this chart: corrective wave (2) seems to have ended precisely at the classic 61.8% Fibonacci retracement level, A strong signal that a powerful impulsive wave ③ may be about to launch.
▫️We’re now standing at the edge of wave ③, which is often the strongest and most explosive move in the Elliott Wave sequence.
▪️Wave ① shows a clear five-wave structure, while the current correction looks complete, setting the stage for a potential rally toward the 3600–3700 zone.
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Elliott Wave Monitor
Wondering Where GOLD Might Be Headed Next? ▪️Take a look at this chart: corrective wave (2) seems to have ended precisely at the classic 61.8% Fibonacci retracement level, A strong signal that a powerful impulsive wave ③ may be about to launch. ▫️We’re…
On June 29, 2025, we published a professional analysis of XAU/USD, forecasting a bullish reversal from the 61.8% Fibonacci level.
▪️That prediction played out perfectly as price bounced exactly as expected.
▫️Today, July 7, we’re back with an updated outlook confirming that wave (2) has likely bottomed at 3246.56.
▪️All signs now point to the beginning of a powerful wave (3) rally targeting the 161.8% Fibonacci extension near 3700.
▫️The bullish wave structure remains intact, with strong support holding.
▪️Any downside remains a buying opportunity within a well structured Elliott Wave scenario.
▪️That prediction played out perfectly as price bounced exactly as expected.
▫️Today, July 7, we’re back with an updated outlook confirming that wave (2) has likely bottomed at 3246.56.
▪️All signs now point to the beginning of a powerful wave (3) rally targeting the 161.8% Fibonacci extension near 3700.
▫️The bullish wave structure remains intact, with strong support holding.
▪️Any downside remains a buying opportunity within a well structured Elliott Wave scenario.
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The 4-hour GOLD chart shows we're in a minor wave (2) correction within a developing intermediate wave ③, which itself follows the completion of primary wave ② on the daily timeframe.
▪️This corrective move unfolded as a complex WXY pattern and completed near the 78.6% Fibonacci retracement of minor wave (1).
▫️The primary scenario now anticipates the start of minor wave (3) to the upside, continuing the larger impulsive structure of intermediate wave ③.
▪️The invalidation level is set at 3246.56.
▫️As long as price holds above this level, a bullish breakout targeting 3440 and beyond remains likely.
▪️This corrective move unfolded as a complex WXY pattern and completed near the 78.6% Fibonacci retracement of minor wave (1).
▫️The primary scenario now anticipates the start of minor wave (3) to the upside, continuing the larger impulsive structure of intermediate wave ③.
▪️The invalidation level is set at 3246.56.
▫️As long as price holds above this level, a bullish breakout targeting 3440 and beyond remains likely.
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GOLD Forecast
1. Weekly & Daily Outlooks
-> https://elliottwavemonitor.com/gold-forecast/
2. This Post Gives A Clearer Explanation If You’d Like To Understand Better.
-> https://elliottwavemonitor.com/elliott-wave-analysis-of-gold-july-12-2025/
1. Weekly & Daily Outlooks
-> https://elliottwavemonitor.com/gold-forecast/
2. This Post Gives A Clearer Explanation If You’d Like To Understand Better.
-> https://elliottwavemonitor.com/elliott-wave-analysis-of-gold-july-12-2025/
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This chart shows a EUR/USD daily time frame analysis based on Elliott Wave Theory.
▫️The green wave (iii) completed at the 1.16321 high, followed by a correction forming wave (iv).
▪️This wave (iv) is expected to unfold as an irregular flat correction.
▫️The initial drop formed wave (a), then price rallied sharply in wave (b), exceeding the top of wave (iii) and reaching 1.18301.
▪️Currently, the market is likely starting wave (c), a downward move expected to complete the flat pattern.
▫️This wave could reach the 38.2% Fibonacci retracement level near 1.1100 before the uptrend resumes in wave (v).
▫️The green wave (iii) completed at the 1.16321 high, followed by a correction forming wave (iv).
▪️This wave (iv) is expected to unfold as an irregular flat correction.
▫️The initial drop formed wave (a), then price rallied sharply in wave (b), exceeding the top of wave (iii) and reaching 1.18301.
▪️Currently, the market is likely starting wave (c), a downward move expected to complete the flat pattern.
▫️This wave could reach the 38.2% Fibonacci retracement level near 1.1100 before the uptrend resumes in wave (v).
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