m0bh4y4t

m0bh4y4t

Why I think the tops in Elliott Wave Structure Completed We’re now at the conclusion of a 5‑wave impulse (i→v) that tops off within wave (1), followed by an A‑B‑C corrective sequence. Wave C peaks right inside a major supply zone — classic exhaustion of bullish momentum. Resistance & Trendline Rejection Price hit a red supply/resistance area, tested it,...

m0bh4y4t

Market Outlook Summary – XAU/USD (Gold vs US Dollar) Date: July 7, 2025 I am closely monitoring the current market structure for XAU/USD, guided by a combination of Elliott Wave analysis, key support and resistance zones, and Fibonacci projections. At present, gold is trading around $3,310.82. Our analysis identifies two important zones: A Sell Zone near...

m0bh4y4t

Completed Elliott Wave Structure: • The chart displays a full 5-wave impulsive Elliott Wave count to the upside, labeled (1) through (5), completing a wave C. • This suggests the end of a corrective ABC pattern, which often marks the end of a bullish retracement or rally within a larger downtrend. Price Reaches Resistance Zone: • The price reaches a...

m0bh4y4t

Market Context & Fundamental Overview Gold surged 4.85% last week, closing in on the critical $3,500 resistance zone, as the U.S. Dollar came under intense pressure. Key catalysts include: Moody’s Downgrade of U.S. credit outlook, driving the DXY below 100.00 Mounting concerns over fiscal stability as the $3.8 trillion tax bill advances to the Senate Long-dated...

m0bh4y4t

I wanted to share my latest analysis on XAU/USD based on recent price action and wave structure. Weekly Timeframe: The overall trend remains bullish, starting from the lows of 1600. This marks the beginning of Cycle Wave 3. We completed Primary Waves 1, 2, and 3 at the all-time high (ATH) and are now in a corrective Primary Wave 4 phase. Daily Timeframe: It...

m0bh4y4t

after nice drop from recent highs, can we expect more downside

m0bh4y4t

Currently in intermediate wave 5 of larger primary wave 5 looking to end around the 160

m0bh4y4t

In the weekly chart - 5 wave move up finished at 114.705. So looks like we are in some sort of corrective wave (w) (x) (y), by my calculations (w) still in play as the (red) a b are completed meaning we could be going into (red) c final leg down to complete wave (w) Anyhow - in the more near term - 1H is indicating to more upside too complete the...

m0bh4y4t

Nice clean moves on gold yesterday - Minor (green) 1&2 looks to completed Minuett (orange) wave moving into wave 5 to complet Minor wave 3 P.S Elliot waves are subjective all depends on where your wave count starts

m0bh4y4t

After a nice rejection from 2040-42 levels yesterday XAU wnet on to test 2030-25 levels finding short term support with US GDP data expected to come in 0.2% lower than expected so if GDP does print 3.1% XAU will find the impulse trigger buys to go and test 2040 levels once again trade safe

m0bh4y4t

After an impulsive wave down from 2030 on the release of HOT CPI data XAUUSD has completed a primary wave 3 and now seems to be in the early stages of Primary wave 4 safe sell zones will be on the break of today's lows and safe buys above 1993-94

m0bh4y4t

Gold had a nice Rejection from 2028-30 zone and finally Breaking 2020 support and gold went and found nice support around 2012-10 Asian and London session's has traded higher to go and test 2020-30. so will NYSE go and BREAK yesterdays lows?? best RR will be to sell from 2028-26 safest place to sell will be at the break of yesterdays lows the bullish scenario...

m0bh4y4t

on the 30min time-frame gold looks to holding 2020-18 level time to for a leg up to encourage the sellers back into the market to break 2020 and test 2015

m0bh4y4t

Higher degree signals we are in PRIMARY wave 2 as Primary wave 1 completed its 5 leg up from 09/2022 on the hourly from where primary wave 1 finished (188.55) we can see 5 wave down which ended in a leading diagonal for a intermediate wave A then up to retest the top to complete the intermediate wave B and now we are in the early stages of intermediate wave C...

m0bh4y4t

very choppy price action after a very impulsive move down from 2044 to 2019 price had been in correction phase trade with the waves down to 2027-25 zone then up too 2040 to finish the cycle and ready for next weeks drop to attack 2000

m0bh4y4t

if gold stays above 2032 and makes a nice impulse towards 2038 look for buys set ups DXY is in a minor pullback keep an eye on both

m0bh4y4t

if gold stays below 2028 look for gold rejection between 2025-22 SL below the recent swing low

m0bh4y4t

gold seems to collecting buy orders on a short term looking for gold buys to go and fill the imbalance