teconlab

teconlab Updated  7 hours ago

Our system has identified a strong short signal across short-term, medium-term, and long-term timeframes as of July 3, 2025, with confidence levels above 89%. All durations are aligned, indicating a synchronized momentum shift. Entry Point : 3354.43 Short-Term TP : 3334.30 Medium-Term TP : 3320.89 Long-Term TP : 3307.47~ 3289 📉 Based on the current market...

teconlab Updated  Jul 2

📌 Market Context The current chart shows wave (5) of a larger impulsive structure is still in progress, with price rising from the bottom of wave (4). After a clean wave (1)-(2)-(3)-(4), the market is now pushing upward, targeting the 3380 zone as a likely wave (5) completion. 🟢 Entry Levels (End of Wave 2) First Entry: 3298 Second Entry: 3279.6

teconlab Updated  Jul 1

Hi Traders, The recent price action of XAUUSD has been a bit complex, but I hope this idea turns out to be profitable for everyone. Feel free to share your thoughts if you see anything differently. What I find most interesting is the entry zone around 3247–3245 . If we take the wave count starting from May 15, 2025 (3120.76) and consider wave 5 to be completed...

teconlab Updated  Jun 26

🟡 *Key Context* - Geopolitical calm (Trump ceasefire remarks) lowered risk aversion, pushing Gold down — but key support is holding. - Fed uncertainty continues, yet technicals point to a possible reversal. 📉 *Price Structure* - Price dropped into a falling wedge, testing 3285–3295 (H4 demand zone). - RSI bullish divergence + harmonic ABCD pattern seen on...

teconlab Jun 25

I’m getting a knot in my stomach looking at this chart, it feels like a warning about what’s coming. Chart Context • WTI jumped from the pandemic low of 6.62 up to 131.02 on March 6, 2022. • It then retraced to 59.86 (38 % Fib) by June 4, 2025. • That pullback seems complete, and now price is pressing against a descending wedge. Wave Map • Wave 3 could...

teconlab Jun 24

Here's a structured breakdown of today's #XAUUSD (Gold) trading idea, including key levels, wave structure, and risk/reward zones for both short-term and swing traders. --- 🔹 Key Technical Zones (H1 & H4 Charts) Support Levels - 3,303 USD – Key support on H4; potential false breakout area - 3,324–3,327 USD – Wave 5 completion zone and high-probability...

teconlab Updated  Jun 23

Core Themes 1. Geopolitical Drivers: Escalating tensions in the Middle East, particularly U.S. airstrikes on Iranian nuclear facilities, are fueling gold's "flight to safety" narrative. Analysts anticipate sustained demand for gold amid potential regional conflict. 2. Technical Bullish Bias: Gold is in an uptrend, respecting key support levels and forming...

teconlab Updated  Jun 14

Hi Traders, My technical analysis of OANDA:XAUUSD suggests we are currently in a corrective wave 2 pattern. This correction could take gold to the 1800-1780 region , likely around October 2023. After wave 2 finishes, wave 3 has potential to break above 2000 and resume the larger bullish trend. However, we need to see the correction play out first, so I don't...

teconlab Updated  Jun 14

Gold is currently trading around 494.92 RMB per gram in China as of July 25, 2023. Based on the technical analysis on XAUCNY showing we are currently in wave 5, subwave 4 of an upward trend, the prediction is that by January 2025, the price for 1 ounce of gold will reach 16575 RMB. Given that 1 ounce equals 28.3495 grams, a price of 16575 RMB per ounce implies...

teconlab Updated  Jun 13

🔍 Key Observations Uptrend Structure: Gold remains in a rising channel (higher highs, higher lows). $3265 flipped from support to springboard for continued upside. $3365–$3375 has held as a solid support zone. Resistance Levels: 💠 $3400 – psychological barrier and channel resistance. 💠 $3480 – upper channel boundary, long-term target. 💠 $3490 – historical...

teconlab Updated  Jun 6

### 1. Overall Trend & Market Context - Bullish Momentum: GBPUSD is in a strong bullish trend, driven by DXY weakness (U.S. Dollar Index declining) and GBP strength. Key factors include: - Fundamental Drivers: - UK manufacturing contraction (less severe than expected) and rising housing prices. - U.S. dollar weakness due to manufacturing...

teconlab Updated  Jun 4

### Key Technical Levels & Patterns 1. Resistance Zones: - $3,365–$3,392: Critical resistance levels. Breaking $3,365 with high volume could signal a bullish breakout, targeting $3,392 and beyond. - $3,387–$3,357: A broader resistance zone identified by inverse head and shoulders and descending broadening wedge patterns. A break here may confirm an...

teconlab Nov 5, 2024

Gold volatility is expected to peak around the presidential election. According to Fibonacci levels, the fifth wave and wave A have both completed. The price, currently near the lower boundary of the uptrend channel, marks the start of wave B, which is projected to move toward the channel's midline. A subsequent downtrend from this midline could potentially...

teconlab Sep 18, 2024

In my latest analysis, I’ve moved away from traditional timing methods and focused entirely on Gold’s key price levels. Gold is currently in the final grand wave (Wave 5) of the Elliott Wave cycle. Right now, we’re in Wave 3, just as the fifth subwave is beginning. My first take-profit target is set at 2589, based on my own trading plan. After hitting this level,...

teconlab Updated  Sep 4, 2024

In this situation, we're likely to see another drop. I have two sell positions—one at 2487 and the other at 2485. The take-profit targets are set at 2472 and 2468, while the stop-loss levels are 2502 and 2499, respectively. Wishing you a successful and profitable trade!

teconlab Updated  Sep 4, 2024

Hope you're all doing well. Several factors indicate that the trend for Gold remains bearish. To keep things simple, here’s the key information for my signal: Entry Point: (Mine: 2495.21) Take Profit: Stop Loss: Have a great day! If this signal works out for you, feel free to like and follow.

teconlab Updated  Dec 4, 2023

Dear Traders, Technical Analysis: USDCHF is positioned for a potential downward move this week, though a short-term bounce higher is also possible. The daily technical analysis shows an oscillator reading of 1, signaling the pair is overbought and could see a selloff. However, we may first get a quick spike up to 0.9113 as stops are triggered. Just hold on...

teconlab Oct 11, 2023

Technical Analysis: The Elliott wave theory suggests a bullish trend in oil prices, propelled further by geopolitical tensions and economic revitalization in major markets like China. The first Take Profit (TP) point is projected at $90.75 at the end of wave 3, followed by a second TP at $96.58, aligning with the broader market expectations of rising oil...