Soon, We will be in direct daily contact with you! 🔴
We will be trading gold live during the London session.
The live session will last approximately 6 to 8 hours, letting you follow every market move closely.
We will be trading gold live during the London session.
The live session will last approximately 6 to 8 hours, letting you follow every market move closely.
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Which Platform Would You Like Us To Do The Live GOLD Trading Session On?
Anonymous Poll
13%
Tiktok
31%
Instagram
57%
Youtube
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Out of 10,000 subscribers on the channel, only 2.5% participated in the poll.
Interest in live trading seems low
Is That Correct?
Regarding The GOLD Price
Gold is at an all-time high, but as a trader, this isn’t the main concern.
▪️After every rally, wait for a price correction downward.
▪️During the correction, identify a Key Level to buy.
▪️Target: the last peak only, don’t chase 3700, 3800, or 4000.
Interest in live trading seems low
Is That Correct?
Regarding The GOLD Price
Gold is at an all-time high, but as a trader, this isn’t the main concern.
▪️After every rally, wait for a price correction downward.
▪️During the correction, identify a Key Level to buy.
▪️Target: the last peak only, don’t chase 3700, 3800, or 4000.
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The chart shows XAU/USD – 4 hour timeframe.
▪️From the mid-August low, gold started an impulsive rally forming waves (i – ii – iii – iv – v) on a smaller degree, then moved into a larger wave structure.
▪️The price reached 3675, marking the top of the main wave (iii).
▪️According to Elliott Wave analysis, wave 3 (iii) has ended, and the market is now expected to enter a wave 4 (iv) correction to retrace part of the previous rally.
▪️Once wave (iv) is complete, the uptrend should resume with wave (v), targeting new highs above 3675.
▪️From the mid-August low, gold started an impulsive rally forming waves (i – ii – iii – iv – v) on a smaller degree, then moved into a larger wave structure.
▪️The price reached 3675, marking the top of the main wave (iii).
▪️According to Elliott Wave analysis, wave 3 (iii) has ended, and the market is now expected to enter a wave 4 (iv) correction to retrace part of the previous rally.
▪️Once wave (iv) is complete, the uptrend should resume with wave (v), targeting new highs above 3675.
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We’ll Be Going Live Soon On YouTube To Trade GOLD Together
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LINK: https://www.youtube.com/@elliottwavemonitor
Don’t Forget To Subscribe!
LINK: https://www.youtube.com/@elliottwavemonitor
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GOLD – 4H Chart
▫️Gold completed wave (iii) at 3675.17 and is currently moving within corrective wave (iv).
▪️The count suggests a W-X-Y correction is forming below the resistance zone.
▪️We expect further downside to complete wave (iv) before resuming the uptrend into wave (v).
🎯 Main Scenario: Any decline here is viewed as a buying opportunity in preparation for the next bullish wave.
▫️Gold completed wave (iii) at 3675.17 and is currently moving within corrective wave (iv).
▪️The count suggests a W-X-Y correction is forming below the resistance zone.
▪️We expect further downside to complete wave (iv) before resuming the uptrend into wave (v).
🎯 Main Scenario: Any decline here is viewed as a buying opportunity in preparation for the next bullish wave.
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We love hearing your opinions
You can leave your valuable questions in the comments on our Instagram page elliottwavemonitor, and let us know if you agree with our gold analysis or have a different point of view.
Link: elliottwavemonitor
You can leave your valuable questions in the comments on our Instagram page elliottwavemonitor, and let us know if you agree with our gold analysis or have a different point of view.
Link: elliottwavemonitor
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Elliott Wave Monitor
GOLD – 4H Chart ▫️Gold completed wave (iii) at 3675.17 and is currently moving within corrective wave (iv). ▪️The count suggests a W-X-Y correction is forming below the resistance zone. ▪️We expect further downside to complete wave (iv) before resuming…
GOLD - Irregular Flat
The previous correction was not a complex WXY, which is why the current expectation is for an irregular flat correction.
The reason we insist that the correction is not over yet is because the decline so far represents only 14.6% of wave 3, which is too shallow compared to a typical corrective retracement after such a strong impulsive move.
The previous correction was not a complex WXY, which is why the current expectation is for an irregular flat correction.
The reason we insist that the correction is not over yet is because the decline so far represents only 14.6% of wave 3, which is too shallow compared to a typical corrective retracement after such a strong impulsive move.
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Elliott Wave Monitor
GOLD - Irregular Flat The previous correction was not a complex WXY, which is why the current expectation is for an irregular flat correction. The reason we insist that the correction is not over yet is because the decline so far represents only 14.6% of…
This is the reason: The wave 4 correction is very small compared to wave 3.
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Gold is facing two key scenarios:
▪️The correction may be completed at these levels, leading to a new bullish move toward higher highs.
▪️Or, a further decline targeting $3575.
▪️The correction may be completed at these levels, leading to a new bullish move toward higher highs.
▪️Or, a further decline targeting $3575.
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EURUSD Forecast & Analysis
▪️The EURO/DOLLAR pair made a false breakout above 1.1919, completing wave b.
▪️According to Elliott Wave analysis, the EURUSD is likely to extend its decline toward 1.1500.
▪️EUR/USD analysis today suggests a bearish scenario.
Note: To stay closer to you, we’ve added a direct contact option in our Telegram bio.
You can reach us anytime through this username: @ewmsupport
▪️The EURO/DOLLAR pair made a false breakout above 1.1919, completing wave b.
▪️According to Elliott Wave analysis, the EURUSD is likely to extend its decline toward 1.1500.
▪️EUR/USD analysis today suggests a bearish scenario.
Note: To stay closer to you, we’ve added a direct contact option in our Telegram bio.
You can reach us anytime through this username: @ewmsupport
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