Wave_Navigator

Wave_Navigator May 2

UEMS may have completed wave (iv) with a textbook 5-leg correction, matching wave (iii)'s rally duration (1:1 ratio). This time symmetry and wave structure suggest a potential bottom. Next, wave (v) may be in play toward new highs.

Wave_Navigator Updated  Apr 18

Update: Gold formed an ending diagonal in H4, suggesting a wave cycle completion. A pullback for wave (iv) is expected before a new push higher. Watching for key support to hold before wave (v) continuation.

Wave_Navigator Updated  Mar 11

UEMS Elliott Wave Update: Price completed a 5-wave move, peaking at 1.19 MYR, followed by an ABC correction to 0.81 MYR (key support). Holding above 0.81 MYR may trigger wave (iii) towards 1.50 MYR. A break below invalidates the count. #ElliottWave

Wave_Navigator Feb 16

Gold's recent pullback signals a sub-wave 1 extension of Wave 5, supported by strong demand and bullish momentum. Weakening DXY and rising Japan bond yields confirm a shift to safe havens. With no sell signals, gold is poised for another rally, targeting higher levels.

Wave_Navigator Feb 12

Gold (XAUUSD) remains in strong demand, revising the prior bearish outlook. Price action now targets $3,000, completing a possible final wave as part of the bullish structure. This move likely marks the last ride before a potential correction. Watch for key resistance near $3,000.

Wave_Navigator Updated  Feb 10

Gold (XAUUSD) on the 4H timeframe signals a potential bearish move. Wave (X) appears complete, with an ABC correction likely targeting $2,645.90 (1:1 W=Y). Bearish RSI & Stochastic divergence suggest weakening momentum, supporting downside bias. Wave 4 may complete before a bullish continuation.