Gold’s Target – Major Bullish Move Ahead? 3169.30?

11 Feb

Gold has been following a long-term Elliott Wave cycle since 1970, and Wave 5 is now in progress!
Key Wave Structure:

✅ Wave 1: $35.85 → $875
✅ Wave 2: $252.1 (Correction)
✅ Wave 3: $1920.94 (Major Bull Run)
✅ Wave 4: $1046.54 (Final Pullback)
🔥 Wave 5: Currently playing out!
Potential Wave 5 Price Targets 🎯

Using Fibonacci Extensions from Wave 3 & Wave 4:
📌 100% (1:1 of Wave 3) → $2715.38 ✅ (Hit in Nov 2024!)
📌 1.272 Extension → $3168 - $3200 (Next Major Resistance)
📌 1.618 Golden Ratio → $3748 - $3800 (Extended Target)
📌 2.0 Extension (Supercycle?) → $4300 - $4800+ 🚀

💡 Key Takeaways:

Gold’s Wave 5 is accelerating, and new all-time highs are possible!
If the bullish momentum continues, $3200+ is the next key zone.
A supercycle rally could push Gold toward $4000 - $4800.

🔔 Will Wave 5 extend further? Drop your thoughts below! 👇🔥 #Gold #ElliottWave #XAUUSD

20 Feb

Trade aktif

Active Trade: still bulling