📊 XAUUSD DAILY MARKET ANALYSIS January 6, 2026 | Daily Timeframe | Running Contracting Triangle 🎯 Market Overview Instrument:XAUUSD (Gold) Timeframe:Daily (1D) Current Price:4,547.00 Macro Trend:Bullish (Triangle compression phase) 📈 PRIMARY COUNT – RUNNING CONTRACTING TRIANGLE Pattern: Running Contracting Triangle (Wave C leg) Structure: Waves I-II-III-IV-V (completed) → Corrective A-B in place → Triangle forming … 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
This DXY Elliott Wave analysis examines a 4H wave (2) zigzag correction within a larger bullish wave (1) impulse, highlighting the support cluster around prior wave‑1 lows and the 0.618 retracement. Wave structure and context On the 4H chart, this DXY Elliott Wave analysis labels the advance into the recent high as wave (1) and the current decline as … 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
Gold continues to trade near all‑time highs, but the larger Elliott Wave structure suggests the market may be building a major expanding flat before a deeper correction unfolds. The current advance fits best as a terminal move within a higher‑degree wave (3), with price stretching above the prior peak into the wave b high at … Read more
Gold Elliott Wave Forecast – Updated Structure Gold has now confirmed a clean breakout from the contracting triangle, completing the B wave of the ongoing corrective structure. This development reinforces the broader Gold Elliott Wave Analysis outlook, suggesting that price is preparing for a C-wave advance aimed toward the upper Fibonacci resistance zone. The recent … Read more
This Gold Elliott Wave Analysis reviews the current 15-minute triangle structure, offering key insights on market direction for Nov 17, 2025. Gold Elliott Wave Analysis – Chart Overview Gold Elliott Wave Analysis on the XAUUSD 15-minute chart highlights a corrective structure after a sharp wave 3 decline. Current price action is trading inside a contracting … Read more
Motive vs Corrective Waves Explained Quick Navigation Introduction What Are Motive Waves? What Are Corrective Waves? Key Differences Identifying Motive vs Corrective Practical Application Common Mistakes Key Takeaways INTRODUCTION You’ve probably seen traders talking about “wave counts” and “Elliott Wave patterns.” But here’s the harsh truth: 95% of traders get wave counting completely wrong and it … Read more
