XAUUSD: THE RESISTANCE IS COMING!
XAUUSD Sell Setup: Wave 4 Retracement Expected After Wave 3 Peak at 3032.92
(Elliott Wave + Fibonacci Analysis)
Trade Rationale:
Wave Structure:
Wave 3 has likely completed at 3032.92 (projected via 261.8% Fibonacci extension of Wave 1).
Wave 4 is now anticipated as a corrective pullback, typically retracing 23.6%-50% of Wave 3.
Technical Confluence:
Price is at a major resistance zone (Wave 3 high).
Bearish divergence on RSI/MACD suggests weakening momentum.
Fibonacci retracement levels align with Elliott Wave rules for Wave 4.
Trade Plan:
Entry Zone: 3032–3040 (short on bearish reversal confirmation: pin bars, rejection candles, or breakdown below 3032).
Targets:
TP1: 2744.89 (23.6% retracement of Wave 3)
TP2: 2565.98 (38.2% retracement)
TP3: 2421.75 (50% retracement – strongest support)
Stop Loss: 3080 (above Wave 3 high to allow volatility).
Key Chart Levels:
Support: 2744 (23.6%) → 2565 (38.2%) → 2421 (50%)
Resistance: 3032 (Wave 3 peak) → 3080 (invalidates bearish bias if breached).
(Elliott Wave + Fibonacci Analysis)
Trade Rationale:
Wave Structure:
Wave 3 has likely completed at 3032.92 (projected via 261.8% Fibonacci extension of Wave 1).
Wave 4 is now anticipated as a corrective pullback, typically retracing 23.6%-50% of Wave 3.
Technical Confluence:
Price is at a major resistance zone (Wave 3 high).
Bearish divergence on RSI/MACD suggests weakening momentum.
Fibonacci retracement levels align with Elliott Wave rules for Wave 4.
Trade Plan:
Entry Zone: 3032–3040 (short on bearish reversal confirmation: pin bars, rejection candles, or breakdown below 3032).
Targets:
TP1: 2744.89 (23.6% retracement of Wave 3)
TP2: 2565.98 (38.2% retracement)
TP3: 2421.75 (50% retracement – strongest support)
Stop Loss: 3080 (above Wave 3 high to allow volatility).
Key Chart Levels:
Support: 2744 (23.6%) → 2565 (38.2%) → 2421 (50%)
Resistance: 3032 (Wave 3 peak) → 3080 (invalidates bearish bias if breached).
עסקה פעילה
Focus on 2847 -2855 as resistanceהערה
We are getting so close , our team has extended our TP to 3169.30הערה
Our TP is till 3169 on this and it is getting slowly
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.