Expanding Flat

Understand the Expanding Flat corrective wave pattern, a unique formation within Elliott Wave Theory characterized by a complex price action with an expanding second wave. This tag explores identification, interpretation, and trading strategies for recognizing expanding flats in market charts to anticipate potential reversals.

Gold (XAU/USD) Elliott Wave Analysis

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Gold (XAU/USD) Elliott Wave Analysis | Timeframe: 30-Minute Chart | Educational Purposes Only Market Overview Gold is currently developing a corrective wave structure on the 30-minute timeframe, presenting a multi-tiered trading opportunity that combines Elliott Wave Theory with institutional order flow concepts. The analysis reveals a classic flat correction pattern with potential for both short-term completion and extended … Read more

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