XAU/USD – Still Riding the Wave 3? Or Time for a Pullback?

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XAU/USD – Still Riding the Wave 3? Or Time for a Pullback?
Here’s the full wave breakdown you don’t want to miss:


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🌀 Current Elliott Wave Count (TF: 4H → 1M):
✅ 4H → In Wave 3 (impulse)
✅ 2H → In Wave 3.3
✅ 1H → In Wave 3.3.3
✅ 30M → In Wave 3.3.3.3
✅ 15M → Starting Wave 3.3.3.3.3 → still strong!
✅ 5M / 1M → Minor pullback (Wave 2) nearly complete


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📌 Trading Strategy (Bias: Long Only):

Buy Zone: 3,302–3,305

Stop Loss: 3,290

Take Profit:
→ TP1: 3,318
→ TP2: 3,328
→ TP3: 3,340

Lot Size: ~1.2 lots (based on $12,000 portfolio, 2% risk)

Expected Time-to-TP: Within 6–12 hours



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🧠 Key Signals:

AO turning light red → pullback losing steam

EMA Ribbon still expanding upward

Fractal breakout confirmed → Watch for Wave 3 lift-off



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⏰ If price doesn’t break 3,319 tonight, look for action around 09:00–10:00 (Bangkok Time)
⚠️ If 3,290 breaks down → exit immediately. Don’t hold.


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