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Eliotwave

Third-wave done | Correction wave aheadDaily chart Last my post about GOLD ( OANDA:XAUUSD ) reminded Reversal Pattern and it's completed. Detail: GOLD has broken up and out the neckline to complete the third wave at 1963.735 and it's happening fourth-wave I expect GOLD will down to around 1950 I marked it on chart 4H below Chart 4H TF Gold's in Ascending Channel and done second-wave what's sharp correction wave and fourth-wave I think it will be a combo correction wave based on Elliott Wave theory. Wait and see next move. I'll update
OANDA:XAUUSDShort
by trieutv
Get Ready for a Golden Ride! Buy Signal on Gold Daily Chart 📈The bullish setup on Gold is sparking excitement as price follows a clear Elliott Wave pattern. With the fourth point of the wave in place, it's time to buckle up for the next wave, which could potentially take us to around the 2200 mark. Adding to the bullish sentiment, Gold has been oscillating within an ascending channel in recent weeks, providing further confirmation for this setup. Notably, the RSI indicator is signaling an oversold condition while maintaining an overall uptrend, suggesting an impending bullish impulse. Let's ride the wave and make the most of this glittering market trend! Feel free to share your toughts in the comments section, follow me for updates and dont forget to press the like button if you think this insight was helpful✨🚀💰
TVC:GOLD
by Thomas_Zito
6
XAUUSDXAUUSD price has coming some importance area ,"Gold holdings in China as part of the total reserves are still very low, so there is probably room for further purchases down the road,” he said Giovanni Staunovo, an analyst at UBS Group AG. China bought around $1650/oz compared to $1787 today. What's still not clear is where the rest of the Q3 gold buying came from; the World Gold Council reported that central banks had bought 400 tons of gold. In other gold-bullish news this week, Credit Suisse analyst Zoltan Pozsar went on a bit of a tangent in a note and suggested Russia could start selling oil for gold.
OANDA:XAUUSDLong
by ProsantoFX
2