Elliott Wave Count H1 XAU

18 Mac

Primary Impulse (Higher Degree) – 5-Wave Structure:
1️⃣ Wave 1 → $2,800 → $2,925 (Early impulse wave, Feb 2025).
2️⃣ Wave 2 → $2,925 → $2,875 (Deep pullback, strong support).
3️⃣ Wave 3 → $2,875 → $3,000+ (Extended wave, strongest rally).
4️⃣ Wave 4 → $3,000 → $2,950 (Consolidation correction).
5️⃣ Wave 5 → $2,950 → $3,035+ (Current move, nearing completion).

Wave 5 Substructure (Lower Degree – 5-Wave Internal Count)
(i) Mini Wave 1 → $2,950 → $3,000 (Impulse start).
(ii) Mini Wave 2 → $3,000 → $2,975 (Shallow retrace).
(iii) Mini Wave 3 → $2,975 → $3,025 (Strong breakout).
(iv) Mini Wave 4 → $3,025 → $3,010 (Small dip, channel retest).
(v) Mini Wave 5 → $3,010 → $3,035+ (Final push, near exhaustion

WHAT NEXT GOLD PLAN TO FOLLOW :

A-B-C Structure (Standard Zigzag or Flat Correction)
1️⃣ Wave A (Impulse Down)

Initial drop from $3,035 - $3,050 (current peak).
Targets $3,000 - $2,975 (first demand area).
Confirmation: Bearish candle closes below $3,010.


2️⃣ Wave B (Retracement Up)

Likely retraces 38.2% - 61.8% of Wave A.
Resistance zone: $3,015 - $3,025.
Key invalidation: If price reclaims $3,035+, bearish correction weakens.


3️⃣ Wave C (Final Drop – Equal or 1.618x of A)

Targets $2,960 - $2,940 (measured move).
Deeper correction if structure breaks → Next demand at $2,900 - $2,920.

23 Mac

Dagangan aktif

ABC Correction (Bearish 📉)
If 3,033 fails as support, expect an Elliott Wave ABC retracement.

✅ Wave A: Drop to 3,000 (Root Level)
✅ Wave B: Retraced back to 3,033 (Failed Breakout at Tesla’s Level 3)
⏳ Wave C Target: Drop to 2,996 → 2,985

📍 KEY CONFIRMATION:

Fails 3,033 → Short to 3,009, then 3,000

Fails 3,000 → Drop to 2,996, then 2,985

24 Mac

Dagangan ditutup: sasaran tercapai

Fails 3,033 → Short to 3,009, then 3,000