AUDUSD and Gold Looking For Support - Elliott wave Analysis

Hi traders,Gold is turning down from 1200 area in minor five waves so it is obviously that metal is in a corrective setback......»»

Five wave turn down from 0.7334 on Aussie was an impulse subwave A of a still ongoing corrective set-back which may see a drop back to 0.7163 for wave B) of a higher degree......»»

Crude oil is currently falling, down from 74.71 level which is an indication of a wave C as part of a three wave pullback to be in play......»»

NZDUSD can be trading in a bigger, Elliott wave ending diagonal with current decline from 0.6730 swing high representing final phase of this overlapping pattern......»»

Good evening traders,USDCHF completed a three-wave decline within wave Y as part of a bigger complex correction after a very strong and impulsive reaction up to 1.000 level......»»

Hi traders,GBPUSD is at the new swing low, maybe unfolding a fifth wave of decline so support may not be far away......»»

Hi traders,Gold can be very interesting this week, and it may come down if stocks would really recover into higher levels of a correction......»»

Hello traders,Gold is turning up in five-waves for a bigger wave C that is part of a bigger corrective wave E)......»»

Good morning everybody,A five-wave recovery on USDCHF from 0.9541 level suggests that wave 1 of a higher degree had ended, and that a new temporary, three-wave correction can be in play......»»

Hi traders,AUDUSD is recovering, now from 0.716 to be exact, where former wave B) of a higher degree found a base......»»

Gold has been active very good lately, making that five wave recovery from 1196 which is evidence of a bullish trend......»»

As expected, Even Ethereum just like BTC came into a projected support/bottom area between 130-100, so if we respect correlations, then here as well we should be aware of a bounce and a bullish reversal soon......»»

Oil has lost 30% since topping at $76.9. This article looks at the expected path for Oil and also potential support using Elliott Wave.....»»

Gold is on fire today, ideally stepping into a third wave rise which has Fib. targets at 1242 area, so there is room for much more higher prices this week......»»

Gold can be making a final push higher into wave five of C which has a nice Fib resistance around 1250-1257, from where bearish reversal would not surprise me......»»

Hi traders,Gold is recovering in five waves up from 1232 level for sub-wave v of A......»»

Bitcoin and friends faced a sharp decline, but we wouldn't fall in love with that bears! BTC has still a corrective structure, it just went into a deeper and longer correction of wave B/2......»»

As we can see, Bitcoin sharply declined, but don't fall in love with the bears just yet, because we see it as part of the final leg "c" of a three-wave a-b-c correction in wave B/2......»»

Gold is breaking to new high, now at 1307, but there is room for a push to 1313 Fibonacci projection area where upside can be limited......»»

This article and video explains the short term Elliott Wave structure for Gold. The yellow metal is rallying in an impulse, and it should find support in any pullback in 3, 7, 11 swing for more upside......»»