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Wave Analysis

Trump's tariff measures trigger market shocks 📌 Driving events Last Friday, as Trump threatened to raise tariffs on the European Union to 50%, and also pointed the finger at smartphone manufacturers such as Apple and Samsung, the market's risk aversion sentiment suddenly heated up, and spot gold closed up nearly 2% on the day. On Sunday local time, US President Trump announced after a call with European Commission President von der Leyen that he would extend the deadline for the European Union to face 50% tariffs to July 9. Trump told reporters on his way back to Washington on Sunday: "We had a very pleasant call, and I agree to postpone the deadline." Bloomberg analysis said that there are signs that US President Trump may relax his radical stance on EU trade, which will affect gold's safe-haven status. At the geopolitical level, the conflict between Israel and Iran is imminent. The Israeli army's shooting of a diplomatic delegation has triggered international condemnation. Netanyahu has maintained a tough stance in the Israeli-Kazakh conflict; Trump's mediation of a ceasefire between Russia and Ukraine has been frustrated. The Wall Street Journal revealed that when he spoke with the European side, he said that Putin believed that the Russian army was "winning", which contradicted his public statement. This week, the market focus shifted to the Fed's policy minutes, the Bank of Japan's rate hike expectations, European and American economic data, and OPEC+'s production increase plan. The interweaving of trade frictions, debt risks and geopolitical conflicts has kept the uncertainty of the global pattern high. 📊Comment Analysis The first support level for gold prices may be in the range of $3290-3300/ounce. If it falls below the above support, the next support for gold prices will be $3250/ounce and $3200/ounce (50-day moving average). On the upside, the first resistance for gold prices is $3370/ounce. If this obstacle is overcome, the next resistance for gold prices will be $3430/ounce and $3500/ounce (historical high). Labaron will digest a series of economic data to be released by the United States this week, such as durable goods and home sales, as well as the consumer confidence index. The U.S. stock market will be closed on Monday due to the Memorial Day holiday. 💰Strategy Package ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone : 3388- 3390 SL 3395 TP1: $3376 TP2: $3363 TP3: $3350 🔥BUY GOLD zone: $3301- $3299 SL $3294 TP1: $3312 TP2: $3325 TP3: $3338 ⭐️ Note: Labaron hopes that traders can properly manage their funds - Choose the number of lots that matches your funds - Profit is 4-7% of the capital account - Stop loss is 1-3% of the capital account
OANDA:XAUUSDLong
by Labaron
1
Elliott Wave Analysis & XAUUSD Trading Plan – May 26, 2025📊 Elliott Wave Analysis – XAUUSD – H1 Timeframe On the H1 chart, drawing an Elliott channel reveals that price is currently within wave iii (orange), and developing wave 5 (green) within that structure. Once wave 5 (green) completes, the market is expected to correct downwards into wave iv (orange) before resuming the uptrend to complete wave v (orange). 🔍 Detailed Breakdown of Wave 5 (Green): Two Scenarios in Play Scenario 1 – Wave 5 (green) is NOT yet complete Price is currently forming a small wave 4 (Flat) within wave 5 (green). A final push upward is expected to complete wave 5, with two potential targets: 🎯 Target 1: 3373 🎯 Target 2: 3397 Scenario 2 – Wave 5 (green) is already complete This would confirm that wave iii (orange) has ended, and the market is entering wave iv (orange) — likely to take the form of a zigzag, flat, or triangle pattern. 🎯 Target zone 1: 3317 🎯 Target zone 2: 3290 📉 Momentum Analysis • D1: Momentum is turning bearish. Await today's daily candle close for confirmation of a broader weekly downtrend. • H4: Momentum has already reversed to the downside ⇒ expect sideways or bearish moves during the day. • H1: Momentum is currently rising ⇒ a short-term bounce is possible. Watch for bearish reversal signals on H1 to validate SELL setups. 📌 Trade Plan 🔽 Potential SELL Setup ✅ Sell Zone: 3373 – 3376 ❌ Stop Loss: 3383 🎯 TP1: 3343 🎯 TP2: 3317 🔸 Note: Only sell if H1 momentum confirms a bearish reversal. If price breaks above 3376, wait for a higher entry at 3397. 🔼 Potential BUY Setup ✅ Buy Zone: 3316 – 3313 ❌ Stop Loss: 3306 🎯 TP1: 3343 🎯 TP2: 3373 🔸 Note: Only buy if H1 momentum flips bullish. If this zone breaks, wait to buy lower at 3290.
OANDA:XAUUSDLong
by WavePoint_FX
Monday Bounce from 4H Demand ZoneAfter taking a controlled loss on Friday, I came into Monday focused and clear-minded. Price tapped into a clean 4H demand zone and printed a strong bullish engulfing candle — a textbook rejection from imbalance. I waited for the 4H candle close before entering long. Risk was tight below the demand zone, with a clear target above — offering a high RR setup. This trade wasn’t about the day of the week; it was about respecting structure, imbalance, and confirmation. Pair: US500 Timeframe: 4H Setup: Bullish engulfing off 4H demand zone + imbalance fill Entry: After 4H candle close Stop Loss: Below demand wick Take Profit: Major clean high above imbalance Risk-to-Reward: Over 3R This is why I trade the 4H. One clean move. No stress. No noise. Just structure + patience. – THE 4H TRADER
CAPITALCOM:US500Long
by Austin-August
Gold Market Analysis – May 26The gold market is showing signs of a modest recovery following the recent decline, but the price action remains cautious and lacks strong momentum. In this morning’s session, gold bounced back from the $3,320–$3,330 support area and is now hovering around $3,347, which aligns with a previously rejected resistance zone. This rebound appears technical rather than a confirmed shift in trend, as trading volume during the upward move is still relatively low, signaling buyer hesitation. The $3,350 level is a critical resistance area. Unless we see a clean breakout above it with strong volume, any attempt to buy here may be premature. However, a confirmed break above $3,350 could open the path toward retesting $3,435 and potentially $3,500 in the medium to long term. On the other hand, failure to hold above the $3,330–$3,320 range, and especially a drop below $3,290, would likely trigger a deeper correction down to the $3,200 support. In terms of strategy, traders looking to go long should avoid chasing current prices and wait for either a confirmed breakout above $3,350 or a pullback to the $3,320–$3,290 zone. Look for signs of bullish continuation such as higher lows and strong candle confirmation. For those considering short positions, keep an eye on the $3,350 area for bearish rejection patterns like pin bars or engulfing candles on the 4H or daily chart, but only act if clear confirmation appears—don’t guess tops. In summary, the market is currently in a pivotal consolidation phase. How price behaves around the $3,350 level will shape the next move. While the longer-term outlook remains bullish, traders should remain patient and disciplined, avoiding impulsive entries until the market provides clear signals. Warm regards,
OANDA:XAUUSD
by Henrybillion
Monday Bounce from 4H Demand ZoneAfter taking a controlled loss on Friday, I came into Monday focused and clear-minded. Price tapped into a clean 4H demand zone and printed a strong bullish engulfing candle — a textbook rejection from imbalance. I waited for the 4H candle close before entering long. Risk was tight below the demand zone, with a clear target above — offering a high RR setup. This trade wasn’t about the day of the week; it was about respecting structure, imbalance, and confirmation. Timeframe: 4H Setup: Bullish engulfing off 4H demand zone + imbalance fill Entry: After 4H candle close Stop Loss: Below demand wick Take Profit: Major clean high above imbalance Risk-to-Reward: Over 3R This is why I trade the 4H. One clean move. No stress. No noise. Just structure + patience. – THE 4H TRADER
ICMARKETS:USTECLong
by Austin-August
₿ Bitcoin Weekly Chart – Is Wave 5 Now in Motion?Bitcoin has found strong support and looks to be powering higher again. Based on Elliott Wave structure, we may now be entering the final leg of this major impulsive wave sequence—Wave 5. ✅ Support Held at a Classic Level Wave 4 recently pulled back to the 38.2% Fibonacci retracement level of Wave 3—an area that often serves as key support in bullish Elliott Wave trends. This bounce suggests buying interest remains strong at this level. 📈 Next Target: Wave 5 Projection If the current structure holds, Wave 5 could aim for the 61.8% Fibonacci extension of Wave 1 + Wave 3, which points to a potential target around $132,669. This level lines up with the upper boundary of the ascending channel, offering a confluence of resistance. ⚠️ One Caution: The Wave 3 Structure While the count remains valid, Wave 3 lacks ideal symmetry, and may not exhibit the “right look” that Elliott Wave theory often prefers. This introduces a slightly lower confidence level, but not enough to invalidate the primary bullish scenario. 🧠 For Beginners: Elliott Waves are patterns of market behavior. A full trend typically moves in five waves, with Wave 5 often being the final push before a larger correction. Fibonacci levels help us project where waves may end based on the size of prior moves. 📌 Summary: Wave 4 found strong support at 38.2%. Wave 5 may now be in progress, targeting $132,669. Keep an eye on price action near the top of the channel to gauge momentum and potential exhaustion. If Bitcoin can maintain its trajectory, we may soon test the highs projected by this wave count.
BITSTAMP:BTCUSDLong
by RealWaveTrader-
GBP/USD Daily Chart – Explosive Move Building in Wave 3?The GBP/USD daily chart is setting up for what could be one of the most powerful bullish phases in an Elliott Wave sequence: a third wave. 🔥 What This Means: Elliott Wave theory identifies the 3rd wave as the strongest and fastest part of a trend. Price action suggests that GBP/USD is just starting this move, which means we could see sharp momentum to the upside in the coming days and weeks. 🎯 Key Target: The first key level to watch is around 1.5315, which is the 1.618 Fibonacci projection of Wave 1. This is a common and high-probability target for a Wave 3 rally. 🧠 For Beginners: In Elliott Wave theory, markets often move in impulses of 5 waves. The 3rd wave is typically the strongest. When that third wave itself breaks down into another 5-wave structure, the middle wave of that sequence (the "3 of 3") tends to produce the most aggressive movement. 📌 Summary: GBP/USD appears to be starting the 3rd wave, a powerful bullish signal. Near-term resistance to watch is at 1.4200, with potential for further upside if momentum continues. This could be the early stages of a high-probability swing trade setup. Keep an eye on the smaller timeframes for intraday confirmation!
Long
by RealWaveTrader-
Bitcoin Update – Expanding Triangle in Progress?BINANCE:BTCUSDT BITSTAMP:BTCUSD COINBASE:BTCUSD 📈 We're tracking a complex structure unfolding on the current chart, and signs now point to a possible Expanding Triangle based on pure NeoWave logic. 🔷 Wave C showed a clear contraction compared to Wave A 🔷 Wave D has now expanded 161.8% of Wave B  → This hits the upper Fibonacci boundary for triangle legs, confirming that Wave D is emotional and directional, yet still structurally valid So what’s next? 🔷 Wave E is expected to:  🔹 Expand beyond Wave C  🔹 Possibly match or slightly exceed Wave D  🔹 Remain corrective (not impulsive)  🔹 Complete the expanding wedge with a visibly emotional climax If this plays out correctly, we’ll have a fully confirmed Expanding Triangle, likely leading to a sharp thrust. 🧠 NeoWave Reminder: Only one leg in a triangle may violate the price/time contraction rule — and D has done that. Wave E must now complete the pattern without breaking visual logic. 📌 Watching closely for the structure of Wave E. If it forms as a 3-leg correction and expands past C, this pattern will be confirmed. BINANCE:BTCUSDT.P BINANCE:ETHUSDT COINBASE:ETHUSD COINBASE:SOLUSD BYBIT:BTCUSDT.P
Short
by TradingHeights
May 26, 2025 - XAUUSD GOLD Analysis and Potential OpportunitySummary: Last week closed with a strong bullish weekly candle, showing clear upside strength. Watch the 3370 breakout level — if price breaks above it, it would confirm renewed bullish momentum. From the daily perspective, if price falls below 3288, it could indicate strengthening bearish pressure and a potential trend shift. Key Levels to Watch: 3365: Key intraday resistance 3357: Resistance 3350: Midpoint resistance 3345: Resistance 3339: Support 3332: Key support 3323: Intraday support 3315: Support 3300: Psychological level 3288: Critical support Short-Term (15m) Trading Strategy: For Shorts: Enter a SELL if price breaks below 3332 → Watch 3329, then 3323, 3315, and 3305 For Longs: Enter a BUY if price holds above 3345 → Watch 3350, then 3352, 3357, and 3365 👉 If my insights have been helpful to you, or if you traded based on my ideas, please consider giving a like — your support really motivates me. Thank you! Disclaimer: This is my personal opinion and not financial advice. Please manage your risk accordingly.
OANDA:XAUUSD
by Ombabibi