Gold (XAU/USD) Analysis – 30-Minute Chart Using Elliott Waves &
🔹 Overall Trend: The market is in a corrective pullback after a strong bullish wave, currently testing a key Buy Zone.
🔹 Wave Structure: The price is forming a potential Elliott Wave correction, with a possible bullish reversal from the demand zone.
🔹 Technical Analysis:
• Buy Zone: Identified between 2,846 - 2,841, aligning with Fibonacci Naji retracement levels.
• Stop Loss (SL): Placed below 2,832, ensuring protection against further downside movement.
• Take Profit Targets (TP):
• TP1: 2,859
• TP2: 2,872
• TP3: 2,887
• TP4: 2,900
🔹 Expectation: If the Buy Zone holds, a bullish reversal is expected, with price targeting higher resistance levels. Confirmation should come from strong bullish candlestick formations.
📌 Note: Proper risk management is essential for successful trading. Always wait for confirmation before entering a trade.
🔹 Wave Structure: The price is forming a potential Elliott Wave correction, with a possible bullish reversal from the demand zone.
🔹 Technical Analysis:
• Buy Zone: Identified between 2,846 - 2,841, aligning with Fibonacci Naji retracement levels.
• Stop Loss (SL): Placed below 2,832, ensuring protection against further downside movement.
• Take Profit Targets (TP):
• TP1: 2,859
• TP2: 2,872
• TP3: 2,887
• TP4: 2,900
🔹 Expectation: If the Buy Zone holds, a bullish reversal is expected, with price targeting higher resistance levels. Confirmation should come from strong bullish candlestick formations.
📌 Note: Proper risk management is essential for successful trading. Always wait for confirmation before entering a trade.
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.