Gold – Medium-Term Buy Strategy
Hello traders,
Gold remains within wave B of the Elliott Wave structure. I expect price to retest the trendline once more, with the strong support at 3325 (which triggered a sharp bounce yesterday) likely to play a key role before wave C begins.
According to Elliott theory, wave C is usually the strongest, and in this case it could extend towards the 339x region. This sets up a swing buy opportunity with a reasonable target of 30–40 dollars.
The MACD supports this scenario, with volume holding above average and the green moving line still on top.
Key Resistance: 3348–3352, a break above here opens the way towards 339x.
Key Support: 3313, if broken, the bearish case may return.
Buy Zone: Around 3327, with potential profits of 40–60 dollars.
This is my personal outlook for gold this week. Stay disciplined, trade with structure, and let the market confirm your entries.
What’s your view on gold’s next move? Share your thoughts in the comments.
Hello traders,
Gold remains within wave B of the Elliott Wave structure. I expect price to retest the trendline once more, with the strong support at 3325 (which triggered a sharp bounce yesterday) likely to play a key role before wave C begins.
According to Elliott theory, wave C is usually the strongest, and in this case it could extend towards the 339x region. This sets up a swing buy opportunity with a reasonable target of 30–40 dollars.
The MACD supports this scenario, with volume holding above average and the green moving line still on top.
Key Resistance: 3348–3352, a break above here opens the way towards 339x.
Key Support: 3313, if broken, the bearish case may return.
Buy Zone: Around 3327, with potential profits of 40–60 dollars.
This is my personal outlook for gold this week. Stay disciplined, trade with structure, and let the market confirm your entries.
What’s your view on gold’s next move? Share your thoughts in the comments.
Operación activa
The gold trading scenario unfolded exactly as expected. After retesting the 3325 support zone, price surged strongly, launching into a brilliant wave C and confirming the end of wave B with powerful upward momentum.A precise and high-quality setup to close out the week.
Time to take a well-earned rest, traders.
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Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.