GOLD: $3345

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/

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).

EURUSD - 4H

For Read: https://elliottwavemonitor.com/eurusd-analysis-will-the-fed-spark-a-bigger-sell-off/

GOLD - 4 HOUR

GOLD - 4 HOUR

EJ

Bitcoin Faces a Major Elliott Wave Correction

Is the market preparing for its biggest drop since the all-time high?

▪️Elliott Wave analysis shows that Bitcoin may have completed wave (B) near $116,000.

▫️A corrective wave (C) could drag prices toward the 61.8% Fibonacci retracement before the next bullish cycle begins.