Elliott Wave Monitor
GOLD From 1953 To 2025
It’s well known that markets are inherently created to RISE.
We kindly ask all Elliott Wave analysts in the channel to prepare an analysis of this chart and share it with us.
@ewmteam
We kindly ask all Elliott Wave analysts in the channel to prepare an analysis of this chart and share it with us.
@ewmteam
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Elliott Wave Monitor
GOLD From 1953 To 2025
Do you see this rally in the Grand Wave (1)?
Even within its structure, Wave (5) of Wave (1) also EXTENDED.
Even within its structure, Wave (5) of Wave (1) also EXTENDED.
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In the world of finance and investing, emotions are a trader’s biggest enemy.
That’s why the golden rule is: never trade what you love.
▪️If you love gold or enjoy looking at its chart, stay away from trading it.
▪️If you’re passionate about a certain stock or obsessed with cryptocurrencies like Bitcoin, don’t let that attachment drive your trades.
▫️The rule is simple: whatever you love, don’t trade it.
So, what should you trade?
Trade only what makes money.
▪️If gold is profitable, then trade it. If not, ignore it. Trading based on emotions leads to repeated losses, while trading with logic means consistency and profit.
That’s why the golden rule is: never trade what you love.
▪️If you love gold or enjoy looking at its chart, stay away from trading it.
▪️If you’re passionate about a certain stock or obsessed with cryptocurrencies like Bitcoin, don’t let that attachment drive your trades.
▫️The rule is simple: whatever you love, don’t trade it.
So, what should you trade?
Trade only what makes money.
▪️If gold is profitable, then trade it. If not, ignore it. Trading based on emotions leads to repeated losses, while trading with logic means consistency and profit.
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Trading is divided into three main sessions:
▪️London Session
▪️New York Session
▪️Asian Session
The golden rule: choose only one session and stick to it.
Never, ever trade just because you’re out of the market or feel like you’re “missing out.”
▫️Remember: discipline is what creates wealth. Profits in the markets don’t come from endless strategies, but from patience and waiting.
99% of trading is waiting, and only 1% is execution.
🤔 Think deeply about this… and study it well.
▪️London Session
▪️New York Session
▪️Asian Session
The golden rule: choose only one session and stick to it.
Never, ever trade just because you’re out of the market or feel like you’re “missing out.”
▫️Remember: discipline is what creates wealth. Profits in the markets don’t come from endless strategies, but from patience and waiting.
99% of trading is waiting, and only 1% is execution.
🤔 Think deeply about this… and study it well.
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Elliott Wave Monitor
Bitcoin on the 1-Day timeframe is currently in corrective wave (ii) after completing wave (1) down. ▪️If the Elliott Wave count is correct, the next target would be wave (iii) heading lower toward the 161.8% Fibonacci extension around $102,500. ▪️Since each…
Bitcoin broke a key peak that it should have held to continue the decline.
In this case, we consider wave 2 to have extended in time, and the current rise is just a continuation of wave 2 before entering the larger wave 3 downtrend.
In this case, we consider wave 2 to have extended in time, and the current rise is just a continuation of wave 2 before entering the larger wave 3 downtrend.
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Elliott Wave Monitor
GOLD: BUY E: 3880.030 S: 3875.86 (41.7) T: 3891.13 (111)
Close 90% and move stop to breakeven (BE).
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Elliott Wave Monitor
GOLD: BUY E: 3880.030 S: 3875.86 (41.7) T: 3891.13 (111)
Normally, the price of XAU should move toward the target within one or two candles, but this time there isn’t strong volume to support the rise.
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Elliott Wave Monitor
GOLD: BUY E: 3880.030 S: 3875.86 (41.7) T: 3891.13 (111)
T: 3891.13 (111)
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Elliott Wave Monitor
GOLD: BUY E: 3880.030 S: 3875.86 (41.7) T: 3891.13 (111)
Who Entered This Trade With Us?
Anonymous Poll
42%
I Joined The Trade
17%
I Was Hesitant & Didn’t Enter
41%
I Didn’t Enter
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Elliott Wave Monitor
Bitcoin broke a key peak that it should have held to continue the decline. In this case, we consider wave 2 to have extended in time, and the current rise is just a continuation of wave 2 before entering the larger wave 3 downtrend.
Bitcoin has completed a major wave (B) at the 124,474$ top, and has since entered a new downward sequence.
▫️Currently, we see a corrective wave (2) reaching the 78.6% Fibonacci level, which may be the last stop before the beginning of the main wave (3) decline.
▫️This scenario points to a potential sharp drop ahead, possibly targeting levels below 100,000$ in the coming weeks.
▫️Currently, we see a corrective wave (2) reaching the 78.6% Fibonacci level, which may be the last stop before the beginning of the main wave (3) decline.
▫️This scenario points to a potential sharp drop ahead, possibly targeting levels below 100,000$ in the coming weeks.
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BTCUSD - 1HOUR
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