Emas / Dollar A.S.
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XAU/USD Weekly Outlook โ€“ Bearish Wave Confirmation?

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Gold (XAU/USD) is showing a potential Elliott Wave structure on the 2H timeframe, with a completed 5-wave impulsive move followed by an ABC correction.

๐Ÿ”ด Key Resistance: 2947
๐Ÿ”ต Key Support: 2923

๐Ÿ“Š Possible Scenarios:
1๏ธโƒฃ A rejection from resistance (2947) could confirm a wave C down to the 2907 - 2893 zone.
2๏ธโƒฃ A clean break below 2923 could trigger further downside momentum.
3๏ธโƒฃ If bulls reclaim 2947, we could see another upside attempt.

โš ๏ธ Bearish Bias: Watching for confirmation before entering shorts! ๐Ÿ“‰
๐Ÿ‘ Like & Follow for more updates! ๐Ÿš€

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