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1. Elliott Wave Structure From the chart, several patterns have already been mapped: A larger A-B-C pattern on the left side. Then it developed into an ABCDE (triangle) structure. After that, it started forming an impulsive wave (i–v). Currently, price action appears to be in Wave V of the upward impulse. 2. Key Levels (Fibonacci & Targets) Wave V...

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1. Visible Pattern The chart shows a completed complex corrective pattern (ABCDE) inside a descending channel. After the E wave finished, price started moving up, forming an initial impulse (wave 1). Currently, the market is projected to build a 5-wave impulsive structure (Elliott Impulse): Wave 1 is completed. Wave 2 (pullback/retrace) is in progress. Next...

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📊 Technical Analysis – XAUUSD (July 28, 2025) Elliott Wave Structure – Triangle (ABCDE): The chart clearly shows a contracting triangle pattern (ABCDE), which commonly appears during corrective waves (usually Wave 4 or Wave B in a larger degree). Currently, price seems to have just completed Wave E, and it's showing early signs of a bounce from the...

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✅ Overall Structure Currently, a large ABCDE triangle structure has completed. After the corrective phase, the price is moving impulsively in wave (1)(2)(3)(4)(5). ✅ Wave Analysis Wave (1) and (2) are complete. The market is currently progressing within wave (3) to the upside. Projected target for wave (3) is around: $3,448 –...

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Expect gold to continue its decline, just wait for confirmation of the formation of wave 2 to open a sell position, make sure the price touches Fibo 0.50 or 0.618 for wave 2

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It can be seen that the price is still in a bearish trend, forming Wave 3 at the Fibo extension 1.272 and confirming the Fibo retracement 0.50 to form wave 4, if you look at the H1 timeframe there is a momentum candle, the price will reach 1.07124 in wave 5

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It can be seen that the price has formed Wave 4, in theory the price will continue to decline, Confirmation of Fibo 0.50 and 0.618 to form Wave 4, price is still below ema 200 confirmed price is still bearish, in wave 3 in theory it is at Fiba extension 1.272 the price fix will continue to wave 5

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on the H1 time frame the price is still bearish, the price is still below the 200 ema, and is forming a flag pattern, seen at fibo 0.618 or 0.786, rejection occurs, assumed to form Wave 2 If it is valid to form Wave 2 then the price will continue its decline until wave 5