Timeframe: 4-Hour Chart :XAUUSD This analysis uses Elliott Wave Theory and Fibonacci retracements to project the market’s next potential movements. Currently, the chart suggests that we are in the C-wave of a larger correction. Within this wave, I anticipate that the second subwave of wave C will likely exhibit a corrective structure (e.g., Zigzag or Flat), in...
Timeframe FUSIONMARKETS:XAUUSD 4-Hour Chart: This analysis uses Elliott Wave Theory and Fibonacci retracements to project the market’s next potential movements. Currently, the chart suggests that we are in the C-wave of a larger correction. Within this wave, I anticipate that the second subwave of wave C will likely exhibit a corrective structure (e.g.,...