To remove the orders, we envision two scenarios that are specified in the picture. As mentioned in the previous analysis, the first scenario is more likely, we have to see what decision will happen to the market according to the news and the trading process and the volume of transactions.
This analysis complements the previous analysis in the lower time frames of one hour, so we can imagine that the waves mentioned in the previous analysis are applied in a more complete Elliott way.
XAUUSD It seems that we are in a price correction in the range of 2300-2400 dollars, so the Elliott waves are drawn like this, the big wave 3 is completed and we are in the big wave 4. It is expected that this wave will be completed by a ABC waves. My idea of the correction is to The range of the middle line of the weekly large channel is bullish. And after...
XAUUSD reacted after hitting the resistance of 1890 and it seems that we will have price growth until the green resistance line in the daily time frame, that is around 1930 to 1940 and after hitting it to the resistance area of 1840 to 1830 we will see the price drop. until the corrective wave ends and it moves again towards the dynamic resistance line and sees...
Gold is in a 4-hour corrective wave. It is expected that this wave will reduce the price of XAUUSD to around 1890 dollars. In wave C (green), correction and wave B of C are completely imposed, and we are in wave C (red) of wave C (green), and it seems that this wave is the last correction wave and the historical minimum price areas of gold in We will see below...
According to Elliott's analysis, following the path of Bitcoin , this price drop seems reasonable. So we wait for the result...
This analysis is in a four-hour time frame. Elliott waves are on the path shown. This analysis needs an update, which I will post. Its daily analysis was previously posted
This is a detailed analysis of Elliott Waves for the price of gold on a daily time frame. It can be seen that we are now in a corrective price path in the indicated waves. After this four-hour analysis, I will also place my Gold Elliott Waves.
The euro is in the support range and I think that in the next few days we will have a correction for the downward trend and it will grow up to a specified level and then continue its downward trend.
The downward trend is expected for this currency pair. Therefore, to accompany up to the specified areas, I will consider the correction to the high level and confirmation of the sales direction
My analysis for Ethereum in the 4-hour time frame is still bearish and towards the specified targets.
The return of gold to the range above 2000 dollars can lead to a downward price rejection