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Elliott Wave View Suggests Silver (XAGUSD) Correction continueSilver (XAGUSD) ended cycle from 3.10.2023 with wave 1 at 26.08 as the 45 minutes chart below shows. The metal is now correcting cycle from 3.10.2023 low in wave 2. Internal subdivision of wave 2 is unfolding as a double three Elliott Wave structure. Down from wave 1, wave a ended at 24.78 and wave b rally ended at 25.31. Wave c lower ended at 24.62 which completed wave (w). Corrective rally in wave (x) ended at 25.48. The metal resumes lower in wave (y) with internal subdivision as a zigzag. Down from wave (x), wave a ended at 24.76 and wave b ended at 25.35. Wave c lower ended at 24.47 which completed wave (y) and ((w)) in higher degree. From there, the metal formed wave ((x)) connector with internal subdivision as a double three in lesser degree. Up from wave ((w)), wave (w) ended at 25.22 and pullback in wave (x) ended at 24.49. Wave (y) higher ended at 25.9 which completed wave ((x)) in higher degree. The metal then turns lower in wave ((y)) with internal subdivision as a zigzag. Down from wave ((x)), wave (a) ended at 24.86. Expect rally in wave (b) to fail in 3, 7, or 11 swing for further downside. Potential target lower is 100% – 161.8% Fibonacci extension of wave ((w)) which comes at 23.31 – 24.29 area. Near term, as far as pivot at 26.08 high stays intact, expect rally to fail in 3, 7, 11 swing for further downside.
FOREXCOM:XAGUSD
by Elliottwave-Forecast
1
XAUUSD LONG ANALYSIS TO 1702💥This is my bias on how I believe the gold market will reach its mid-term target of 1702 over the next few weeks, leading into Q4 of 2022. So far, we’ve seen 3 sub-waves of the final bearish wave (Wave 5) & I believe we have 2 more sub-waves left in order to complete the bearish trend, which you can see detailed on the chart above. Make sure to follow the details on the video properly before entering buys. If confirmations are not met, just let Gold melt towards 1570🤌 Drop a follow if you agree with my bias & to keep up with all the latest analysis✅
OANDA:XAUUSDLong
by BA_Investments
Levels discussed during the webinar 26th April 26th April DXY downside to 101.20 NZDUSD: sell 0.6165 SL 30 TP 40 AUDUSD: sell below 0.6615 SL 25 TP 45 USDJPY: watch for reaction at 133 support, sell down to 132.15 if support broken GBPUSD: sell below 1.2490 SL 30 TP 90 EURUSD: wait for possible reaction at 1.1075 USDCHF: choppy, could climb to 0.8954 USDCAD: buy 1.3660 SL 30 TP 70 GBPJPY: look for reaction at 166.60 (buy/sell potential) EURJPY: buy 147.60 SL 20 TP 80 GOLD: needs to close above 2002 to climb to 2013
TVC:DXY
by JinDao_Tai
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CBOT:ZW1!Short
by LeHoang68
1
💋Last KISS💋 of 🥇Gold🥇 to the lost 🟢Support zone🟢Gold was able to break the 🟢 support zone($ 1990.6- $ 1961.7) 🟢 by a red long-body candle and huge volume( Breakout Candle 🔨). If we look at the gold chart in the 15-minute time frame from the theory of Elliott waves, we will find that wave 4 returning to the support zone plays the role of a pullback(💋Last Kiss💋). Another sign that we can confirm the end of wave 4 is the formation of the Head and Shoulders pattern in the 5-minute time frame (for better clarity, of course). 🔔I expect wave 5 to end near the support line. If you want to have a better view of this analysis, I suggest you take a look at the following post.👇 Gold Analyze ( XAUUSD ), 15-minute Time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
OANDA:XAUUSDShort
by pejman_zwin
31
🥇Gold🥇is playing the Yo-Yo game (Falling this time)🪀Gold seems to be playing 🪀yo-yo🪀, and this time it is its turn to go down. Gold is running near the resistance line and 🔴resistance zone($ 2015- $ 2012)🔴. If we look at Gold from the theory of Elliott waves , we can understand that Gold finished the last Zigzag wave (C) near the 🔴resistance zone($ 2015- $ 2012)🔴. I expect gold to at least fall to the 🟢support zone($ 1990.6- $ 1961.7)🟢. Gold Analyze ( XAUUSD ), 1-hour Time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
OANDA:XAUUSDShort
by pejman_zwin
44
🥇Gold🥇has completed the pullback and is ready to FALL again❗️As I expected in the previous post, Gold executed the Expanding Ending Diagonal pattern well and managed to break the lower line of this pattern and the uptrend line. Gold has now completed a pullback to lines with wave 4. I expect wave 5 to end at the 🟢support zone($ 1990.6- $ 1961.7)🟢 or support line. Gold Analyze ( XAUUSD ), 30-minute Time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
OANDA:XAUUSDShort
by pejman_zwin
22
🥇Gold🥇 fall by Expanding Ending Diagonal👇Gold was able to make expanding ending diagonal. When the 🟢support zone($ 2034.12-$ 2029.68)🟢 is broken by Gold, we can confirm the pattern and wait for Gold to fall to the 🟢next support zone($ 2003.6-$ 1999.2) 🟢. Gold Analyze ( XAUUSD ), 30-minute Time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
OANDA:XAUUSDShort
by pejman_zwin
9
🥇Gold🥇 growth up to the 🟡Yellow zone🟡!!!As I expected in the previous post, Gold was able to complete wave 5 on 🟢support zone($ 1990.6- $ 1961.7)🟢.👇 Since Gold has reacted well to the support zone and the Regular Divergence(RD+) between the two consecutive valleys is well visible. So, I expect Gold to grow to the 🎯target🎯 I specified on the chart. Gold Analyze ( XAUUSD ), 30-minute Time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
OANDA:XAUUSDLong
by pejman_zwin
25
Gold - Take A Break? 🥇Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. After rejecting our 1800 support zone , Gold has been bullish making higher highs and higher lows. However, it is approaching the upper brown trendline that I consider an overbought area. Moreover, the 2075 is the current all-time-high. 🏹 So the highlighted purple circle is a strong area to look for sell setups as it is the intersection of the green resistance and upper brown trendline. (acting as non-horizontal resistance) As per my trading style: As XAUUSD is sitting around the purple circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...) Of course, UNLESS Gold breaks above 2075 in an aggressive manner, then the bulls will remain in control and we will expect an extended bullish movement. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
OANDA:XAUUSD
by TheSignalyst
10
🥇Gold🥇 Analyze [Road map!!!🗺️(04/03/2023)]Gold seems to be imprisoned in a 🚩Symmetrical Triangle🚩. To confirm the end of wave 4, gold needs to break the upper line of the symmetrical triangle. I tried to show you the end of wave 5(zones) on the chart: 🟡 First Target : $2042-$2026🎯 🟡 Second Target : $2068-$2057🎯 Gold Analyze ( XAUUSD ), 1-hour Time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
OANDA:XAUUSD
by pejman_zwin
6
Crude Oil Looking To Complete Impulse Elliott Wave SequenceCL_F (Crude Oil) favors higher in 5 wave Impulse Elliott Wave sequence as wave 1 before pullback starts. It placed (B) at $64.12 low on 3/20/2023. Above (B) low, it placed ((i)) at $71.67 high & ((ii)) at $66.82 low. ((ii)) was 0.618 Fibonacci retracement of ((i)). It favored ended ((iii)) at $81.81 high on 4/04/2023 high as extended ((iii)). Within ((iii)), it placed (i) at $74.37 high, (ii) at $72.61 low, (iii) at $81.69 high, (iv) at $79.00 low & (v) ended at $81.81 high as ((iii)) as 2.0 Fibonacci extension of ((i)). It ended ((iv)) at $79.37 low as double as shallow correction on 4/11/2023. Above ((iv)) low, it favors higher in ((v)) of 1. Above ((iv)) low of $79.37, it ended (i) of ((v)) at $81.85 high & (ii) at $81.28 low. It ended (iii) at $83.53 high & favors pullback in (iv) before upside resumes in (v) to finish ((v)) as wave 1. Impulse sequence expects to finish with momentum divergence in fifth wave against third wave before correction starts. So, if it erases the momentum divergence with more upside, then it can be the part of nest within impulse sequence before pullback starts. Once it finished wave 1 as impulse sequence, it expects to pullback in 3, 7 or 11 swings against 3/20/2023 low before turning higher. It expects to remain supported at extreme areas in pullback.
NYMEX:CL1!
by Elliottwave-Forecast
XAGUSD Daily Potential Forecast | 11th April 2023Technical Confluences 1. Silver is currently near last year's high 2. Near-term resistance at 25.31550 3. Near-term Support at 24.29100 4. High-up resistance at 28.13740 Idea We are looking for price to continue heading towards the near-term resistance at 25.31550. There might be some struggle to break through the resistance so we are expecting a possible pullback down towards the near-term Support at 24.29100 before continuing it's bullish momentum upwards. NOT FINANCIAL ADVICE DISCLAIMER The trading related ideas posted by OlympusLabs are for educational and informational purposes only and should not be considered as financial advice. Trading in financial markets involves a high degree of risk, and individuals should carefully consider their investment objectives, financial situation, and risk tolerance before making any trading decisions based on our ideas. We are not a licensed financial advisor or professional, and the information we are providing is based on our personal experience and research. We make no guarantees or promises regarding the accuracy, completeness, or reliability of the information provided, and users should do their own research and analysis before making any trades. Users should be aware that trading involves significant risk, and there is no guarantee of profit. Any trading strategy may result in losses, and individuals should be prepared to accept those risks. OlympusLabs and its affiliates are not responsible for any losses or damages that may result from the use of our trading related ideas or the information provided on our platform. Users should seek the advice of a licensed financial advisor or professional if they have any doubts or concerns about their investment strategies.
OANDA:XAGUSDLong
by OlympusLab
➖15% S&P500 Index drop by H&S pattern💣The S&P500 index is moving near the resistance line and 🔴resistance zone($ 4,200- $ 4,100)🔴. The S&P500 index also seems to be forming the right shoulder of the Head and Shoulders pattern in the 🟡Time Reversal Zone(TRZ)🟡. I expect the S&P500 index to drop to the 🟢support zone($ 3,590-$ 3,490)🟢 after breaking the neckline. S&P500 Index (SPXUSD) Analyze Daily time frame⏰ (Log Scale). Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
SP:SPXShort
by pejman_zwin
Natural Gas crash?Natural gas has crashed when comparing it to the DBC commodity ETF. If a recession takes hold, demand destruction always prevails and it looks like Nat gas is pricing this in. This price action could be a leading indicator that many other commodities may be vulnerable to a pullback. Since Natural Gas is one of the smaller components of this ETF, it can see a large influx of capital that has to stay long by rotating out of other overbought commodities. Natural gas has broken out before the DBC and it has bottomed before the DBC. Nat Gas has the largest divergence from its peers.
CAPITALCOM:NATURALGASLong
by Trading-Capital
1
🥇Gold🥇 Analyze [Road map!!!🗺️(04/05/2023)]Gold confirmed the end of wave 4 after breaking the upper line of the symmetric triangle. The corrective structure of wave 4 is Double Three Correction(WXY). Gold is completing microwave 3 of the main wave 5, and most likely the end of this wave is in the Price Reversal Zone (PRZ). I tried to show you the end of wave 5(zones) on the chart: 🟡 Target : $2068-$2057🎯 Gold Analyze ( XAUUSD ), 1-hour Time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
OANDA:XAUUSDLong
by pejman_zwin
7
Silver (XAGUSD) Breaks Higher & Forms Elliott Wave Bullish SequeSilver (XAGUSD) broke above the previous peak on 2.2.2023 high ($24.62). As a result, it now shows a bullish sequence from 9.1.2022 low favoring further upside. A 100% – 161.8% Fibonacci extension from 9.1.2022 low targets 26.91 – 31.23. Near term, cycle from 3.10.2023 low is in progress as a 5-waves nesting impulse Elliott Wave structure. Up from 3.10.2023 low, wave 1 ended at 22.71 and pullback in wave 2 ended at 22.12. The metal has resumed higher in wave 3 which subdivides into another 5 waves in lesser degree. Up from wave 2, the 1-hour chart below shows wave (i) ended at 23.52 and wave (ii) ended at 22.8. Wave (iii) ended at 24.15, wave (iv) ended at 23.54, and wave (v) ended at 24.19 which completed wave ((i)). Pullback in wave ((ii)) ended at 23.78. The metal extends higher in wave ((iii)) and expected to complete soon. Afterwards, it should pullback in wave ((iv)) in 3, 7, or 11 swing before it resumes higher. Near term, as far as pivot at 23.78 low stays intact, expect dips to find support in 3, 7, or 11 swing for further upside.
FOREXCOM:XAGUSD
by Elliottwave-Forecast
1
Gold Outlook 3 April 2023Gold traded with choppy price action on Friday as it reach the 1985 price level but failed to sustain a continual move to the upside. With the price breaking the short term bullish trendline, and currently trading at the 1952 level, Gold could continue trading lower to retest the near term support level of 1936, especially if the DXY continues to regain in strength. Look for Gold to continue trading within the wide range of 1936 and 2000 in the medium term.
OANDA:XAUUSDShort
by JinDao_Tai
1