Gold (XAUUSD) Weekly Update:
Gold has entered a correction phase after showing divergence. Based on Elliott Wave, Wave 3 has ended, and we're now in Wave 4. If 2800 holds, the main trend stays bullish, and after this correction, Wave 5 could push us towards $3000! 💰
Key Levels:
Support: 2800
Resistance: 2862 – 2882
As long as price stays below the 2862-2882 range, the trend is bearish short-term. A break above could signal a bullish continuation. 📈
What’s your take on gold? Will we see $3000 soon? Drop your thoughts below! 👇
#XAUUSD #Gold #GoldAnalysis #XAU #TechnicalAnalysis #Trading #ElliottWave #Forex #Investing #GoldPrice
Gold has entered a correction phase after showing divergence. Based on Elliott Wave, Wave 3 has ended, and we're now in Wave 4. If 2800 holds, the main trend stays bullish, and after this correction, Wave 5 could push us towards $3000! 💰
Key Levels:
Support: 2800
Resistance: 2862 – 2882
As long as price stays below the 2862-2882 range, the trend is bearish short-term. A break above could signal a bullish continuation. 📈
What’s your take on gold? Will we see $3000 soon? Drop your thoughts below! 👇
#XAUUSD #Gold #GoldAnalysis #XAU #TechnicalAnalysis #Trading #ElliottWave #Forex #Investing #GoldPrice
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.