Price has completed a strong advance and is now showing corrective, overlapping behaviour 📉, suggesting the impulsive move is likely complete. The current pullback is being treated as a developing wave ii, with the preferred interpretation being a flat structure 🔄. At this stage, patience is required ⏳. Rather than anticipating continuation, the focus is on allowing wave ii to fully form, which … Read more
📊 XAUUSD INTRADAY ANALYSIS January 6, 2026 | 4H Timeframe 📊 Session & Context Instrument:XAUUSD (Gold) Timeframe:4H Date/Session:January 6, 2026 | Asia/London Trend Context:Trend Context: Bullish (Wave C – expanding flat in larger correction) 📈 Current Structure Wave Label: Wave C – Contracting Wedge Formation Intraday Bias: SELL 80% XAUUSD forming tightening wedge on 4H. … Read more
On the 15‑minute chart, GOLD (XAUUSD) continues to grind higher within the current impulse, with price now working through wave (5) of this sequence. Wave (4) has reacted cleanly from support, holding above the prior wave (1) high at 4419.837, which keeps the impulsive structure in GOLD (XAUUSD) intact and validates the immediate bullish bias. Using the length of … Read more
Wave iv flat correction above support GBPUSD Elliott Wave analysis currently shows price consolidating in a wave iv flat correction within a broader bullish structure on the 4H chart. The pair is holding above the 0.382 Fib support at 1.32855, which aligns with the base channel support and keeps the medium‑term uptrend intact. As long as this zone … Read more
Gold Elliott Wave Analysis on the 15-minute chart shows wave 4 consolidation completing. Expecting pullback to key Fibonacci levels before continuation of the bearish move. Target: Break below trend line confirms Gold Elliott Wave Analysis bearish continuation lower. Key Levels: XAUUSD (CFD – 15M): MGC Futures (15M): Pullback to Fib levels provides short entry. Trend line break confirms bearish continuation. … Read more
This EURUSD Elliott Wave analysis shows wave (D) of the correction is complete. We’re now expecting wave (E) to develop as the final leg of this corrective structure. Key Level: A break below 1.17205 will confirm the EURUSD Elliott Wave analysis and signal wave (E) is underway. Watching for completion of wave (E) before looking for long entries. … Read more
Gold is at a critical technical juncture with two distinct Elliott Wave scenarios playing out: Bearish: Wave 2 expanding flat finishing at 3,920.49 → Wave 3 down toward 3,600–3,750 Bullish: Wave 4 triangle (E) completing at 4,163.83 → Wave 5 up toward 4,350+ Bullish Scenario Bullish Scenario Gold is displaying a textbook contracting triangle on the 4H timeframe with Wave (E) of the correction approaching … Read more
Current Structure The triangle has formed with clearly defined upper and lower boundaries, with price currently oscillating within the band. The internal swings show diminishing amplitude, classic for a late-stage triangle where volatility is compressing before the next leg. This aligns with textbook Elliott Wave guidelines for wave (iv) or corrective consolidations that often precede … Read more
