XAUUSD H2 | CPI Week: Flush to 3,960 or Reversal?The Gold market (XAUUSD) kicks off a highly critical trading week under prolonged technical pressure, with institutional sellers successfully reinforcing their custody over the intermediate H2 order flow. Bullion is experiencing a systematic downward drift as global financial complexes brace for an absolute avalanche of high-impact macroeconomic catalysts.
The core market sentiment this week is fiercely driven by the upcoming US Consumer Price Index (CPI) report, beautifully aligning with the high-stakes Congressional Testimony from Fed Chair Kevin Warsh. Ahead of these landmark vĩ mô data drops, smart money desks are actively triggering an "Expansionary Pullback Protocol." Instead of maintaining aggressive long positions at premium prices, large commercial operations are temporarily flattening exposures, leaving the intraday delivery fully commanded by high-frequency trading algorithms (Algos). This pre-news data vacuum allows the price action to smoothly slide lower to rebalance legacy structural inefficiencies and hunt for resting institutional demand before the next major quarterly trend direction is officially anchored.
Technical Structure
Price continues trading below the descending trendline, favoring a move into deeper demand before major news.
Key Levels
🔹 Resistance: 4,140
🔹 Support: 4,025
🔹 Major Demand: 3,960–3,975
IF–THEN Scenario
If price breaks below 4,025, bearish momentum could extend toward 3,960–3,975.
If buyers defend the demand zone with a bullish CHoCH, Gold may stage a relief rally back toward 4,140.
💬 Will Gold sweep 3,960 before CPI, or will buyers trigger an early short squeeze?
Elliott Wave
IREN | WeeklyNASDAQ:IREN — Quan-Entangling Model
Quan-Analysis | Projecting Primary Wave ⓹ Extension 📈
As illustrated on the weekly chart below, through the interaction between the support and resistance Rays of both Quan-Structures ➤ Δ and λᵣ, the Primary-degree correction in Wave ⓸ may have further developed into a more complex Flat formation instead of the prior Double Zigzag.
With the newly revised Quan-Structure Δ, the corrective structure remains firmly supported at the defined converging Rays confluence ➤ $ 32.22 , which may now be respected as the extreme point of the entire Primary-degree corrective phase.
By projecting Primary Wave ⓹ as an extension through Ray 2 within Quan-Structure ψ, the defined HPQ Target ➤ $144 🎯 remains achievable into October —representing a potential + 333 %📈 impulsive advance.
Quan-Entanglement Principle ➤ From my Quan-Analytical perspective, all identified Quan-Structures within a chart frame interact simultaneously to influence price behaviour—defining the direction of corrections, consolidations, expansions, structural formations, and their corresponding timelines.
The degree of each expansion or formation is determined through the interaction of the identified Quan-Structures, as illustrated on the higher time frame.
#SmartInvesting #StrategicAnalysis #FutureVision #TrendAnalysis #MarketInfrastructure #QuanAnalysis #QuantumEntanglement #QuantumShift
Dogecoin — The Structure of a Potential Golden Era
Taking a closer look at the third wave of Dogecoin, we can now examine the internal structure of this larger-degree scenario in greater detail.
What makes this chart particularly interesting is that, in some cases, the patterns do not remain confined to the boundaries we initially expect. Instead, they gradually extend beyond their original framework and begin to reveal a much larger structure.
Here, we are looking at a long-term scenario that, if confirmed, could potentially lay the foundation for a Golden Era for Dogecoin.
Of course, “Golden Era” is not a slogan or a guaranteed prediction.
The meaning of that term will ultimately be determined by the structure itself and by the path the market chooses to take in the future.
In my long-term studies of Bitcoin, Ethereum, and Dogecoin, one common element has repeatedly captured my attention:
Structure.
Not excitement.
Not hype.
Not unsupported predictions.
If this scenario eventually unfolds, it will not be because we decided in advance that the market must go higher.
It will be because the structure allowed for that possibility.
At the current stage, Wave IV appears to be approaching its final stages, and specific targets have already been defined for this corrective structure.
Once Wave IV is complete, the next step is no longer prediction.
It is waiting for confirmation through price action.
A breakout from the corrective channels, followed by the ability of price to hold above the broken structure and develop a valid bullish pattern, could provide the first significant evidence that the next major advance is beginning.
However, there is one important principle we must always remember.
The market is a very strict enforcer.
For every violation of its rules, the market demands a heavy penalty.
If a scenario violates its structural rules, we must accept it.
If an invalidation level is broken, the count must be reconsidered.
The market does not negotiate with any analyst.
At the same time, missing a valid opportunity also carries a cost.
Sometimes, missing a major move can be just as costly as taking a position against the market.
Therefore, the goal is not to be in the market at all times.
The goal is to understand the structure, define the scenarios, identify the invalidation levels, and act when the market provides the confirmation.
At this stage, the long-term structure of Dogecoin continues to present a very interesting scenario.
This structure may eventually develop into a much larger advance.
Perhaps it will complete and reveal what could truly become a Golden Era for Dogecoin.
Or perhaps the market will violate the structure and force us to reconsider the count.
Ultimately, the only thing capable of providing the real answer is future price action and market structure.
For now, patience is required.
We must allow the future to reveal itself.
Several years from now, this chart may provide very interesting feedback.
Will this structure ultimately lead to the major advance illustrated in this scenario?
Or will the market choose another path?
The future will provide the answer.
But until then, one thing remains clear:
We do not predict the future. We study the structure and allow the market to reveal what comes next.
— Mr. Nobody | Elliott Wave Principle
Technical Setup: Identifying the End of Wave 4 and Potential WavHi everyone,
I am currently tracking this ticker as it approaches what appears to be the completion of a corrective Wave 4 at the previous support zone near $2.50 . My thesis is that this levels sets the stage for an impulsive Wave 5 extension with a target north of $13.00.
Looking at the internal structure of the most recent leg, the price action suggests an A-B-C correction into the Wave 4 low, with the final sub-wave of the sequence completing the "C" leg. This count is further supported by current RSI levels and developing bullish divergences, which align well with the expected exhaustion of the corrective phase.
I would appreciate any feedback or alternative counts you might have on this setup. Let’s compare notes and refine the entry!
Thanks!
ServiceNow (NOW) AI FearFrom the beginning of it's time, NOW has been in a bullish uptrend - following a bullish wave channel. We have since broken out of it and currently rest at a key retracement level. Its impulse cycle appears to be completed and I'm betting that we have this correction.
Should we form a bullish pattern in the LTF, I would consider buying.
For now, buying at around $20-50.
Dogecoin (DOGE/USD) — A Long-Term Elliott Wave Perspective
On the weekly chart, Dogecoin continues to present a potential large-degree five-wave impulse structure.
As with the long-term structures I have previously shared for Bitcoin and Ethereum, DOGE may currently be developing within Wave IV of this larger impulse.
At the aggressive count, Wave IV can be interpreted as a large sideways correction composed of two larger zigzags connected by an intervening wave. This connecting wave itself may take the form of a Triple Zigzag and, from a geometric perspective, shows similarities to an Expanded Diagonal structure.
Within this interpretation, Wave Y is currently developing as a classic Simple Zigzag, and price has already reached the initial targets identified on the chart.
The reaction at the next target zones will now become increasingly important.
A sustained move higher and a confirmed breakout from the corrective channels shown on the chart could provide the first significant evidence that the correction is complete and that the next bullish phase is beginning.
Each channel breakout may provide additional confirmation step by step. However, the reaction following the breakout, the ability of price to hold above the broken structure, and the subsequent development of the bullish pattern will remain important.
A More Conservative Alternative Count
At the same time, a more conservative interpretation must also remain on the table.
In this scenario, the same Expanded Diagonal that is interpreted as Wave X within the aggressive count could instead represent Wave 1 of a higher-degree Wave 5.
If this interpretation is correct, the recent decline could be developing as a Simple Zigzag, forming Wave 2 of a higher-degree Wave 5.
The key condition for this scenario is that the current correction must not move beyond the origin of Wave 1.
As long as that critical low remains intact, the possibility remains that the market is still completing Wave 2 before beginning the next larger advance.
A break above the corrective structure, followed by the development of a sustained bullish move, could then provide confirmation that Wave 2 has completed and that the market is entering Wave 3 of the larger Wave 5.
Two Counts — One Potentially Bullish Path
The interesting aspect of these two interpretations is that both can ultimately lead to a bullish outcome. The primary difference is the degree of the wave count and the position of the current structure within the larger Elliott Wave sequence.
Under the aggressive interpretation, the larger correction may already be approaching completion, allowing the market to transition directly into the next bullish phase.
Under the conservative interpretation, the market may first need to complete Wave 2 of a higher-degree Wave 5. As long as the key Wave 1 low holds, the next advance could then develop as Wave 3.
For now, the key factors to monitor are:
Price reaction at the next target zones;
Confirmed breakouts from the corrective channels;
The preservation of the key Wave 1 origin in the conservative count;
And the development of a valid bullish structure following the breakout.
Until these confirmations appear, patience remains essential.
The market will ultimately reveal which wave count is correct through its structure.
— Mr. Nobody | Elliott Wave Principle
DOGE
Dec 15, 2023
Doge In Strong Bullish Market, Five Wave Up
Bitcoin slowly goes upHi traders,
Last week Bitcoin slowly went up making a higher low and higher high.
So we could see more upside into the bearish Weekly BPR, but first price has to break the bearish Daily FVG.
Let's see what the market does and react.
Trade idea: Wait for a close abive the bearish Daily FVG, a small correction down and a bullish change in orderflow on a lower timeframe to trade longs.
This shared post is only my point of view on what could be the next move in this pair based on my technical analysis.
But I react and trade on what I see in the chart, not what I've predicted or expect.
Manage your emotions, trade your edge!
Eduwave
Gold slowly goes downHi traders,
Last week slowly went lower respecting the 4H FVG's.
It's in a bigger correction so next week we could see one more move down into the bullish Weekly FVG to finish the WXY-correction.
Let's see what price does and react.
Trade idea: Wait for a small correction up and a change in orderflow to bearish on a lower timeframe, to trade intraday shorts.
This shared post is only my point of view on what could be the next move in this pair based on my technical analysis.
But I react and trade on what I see in the chart, not what I've predicted or expect.
Manage your emotions, trade your edge!
Eduwave
Decision time for S&P500Hi traders,
Last week S&P500 started to drop.
This could be the last leg of a bullish correction.
So if price stays above the red dotted line we could see the last impulse wave 5 up.
But if it goes below the line, we could see a bigger drop for a bigger (red) wave 4 correction.
Let's see what the market does and react.
Trade idea: Wait for more development to decide in which direction to trade.
This shared post is only my point of view on what could be the next move in this pair based on my technical analysis.
But I react and trade on what I see in the chart, not what I've predicted or expect.
Manage your emotions, trade your edge!
Eduwave
EU slowly going downHi traders,
Last week EU came into the bearish Weekly FVG and started to go down from there.
So next week we could see more downside to take the liquidity under the recent lows.
Let's see what the market does and react.
Trade idea: Wait for a correction up and a change in orderflow to bearish on a lower timeframe for shorts.
This shared post is only my point of view on what could be the next move in this pair based on my technical analysis.
But I react and trade on what I see on the chart, not what I've predicted or expect.
Manage your emotions, trade your edge!
Eduwave
Nifty Weekly Elliott Wave Analysis | 20–24 July, 2026Wrap-up:-
As discussed in my previous Mid-Term NIFTY Analysis (Weekly Chart published on 1 1 July 2026 ), the market continues to trade within Wave Y of Wave X of the larger Major Wave 4 corrective structure.
Within Wave Y, Wave A concluded at 24,601, and Wave B is currently unfolding.
Based on the latest price structure, Wave B appears to be developing as an ABC Irregular Correction.
The internal structure is currently interpreted as follows:
Internal Wave A of Wave B completed at 23,070.
Internal Wave B is currently unfolding.
Within this Internal Wave B:
Internal Wave A completed at 24,261.
Internal Wave B concluded at 23,805, by forming an Irregular Correction , as NIFTY moved below the 38.2% Fibonacci retracement level (23,972) .
Consequently, Internal Wave C is now expected to be in progress.
What I'm Watching | 20 July – 24 July 2026
With the apparent completion of Internal Wave B within the ongoing corrective structure, the market may now be transitioning into Internal Wave C .
Within this wave:
Wave 1 appears to have completed at 24,134.
Wave 2 is currently in progress.
If this wave count remains valid, the completion of Wave 2 could pave the way for Wave 3 , which is typically the strongest and most impulsive leg in an Elliott Wave sequence.
A sustained move above key resistance levels would strengthen the bullish case.
Key Levels to Watch
Immediate Resistance: 24,530
Major Resistance: 24,601
Bullish Projection: 25,000–26,200 (subject to wave confirmation)
Trend Bias: Bullish , unless the current Elliott Wave structure is invalidated.
Professional View:
The broader structure continues to favour a bullish outlook, provided the current Elliott Wave count remains intact. While short-term volatility may persist during the completion of Wave 2, price action above key support levels would increase the probability of an impulsive advance toward higher resistance zones.
As always, confirmation through price action is more important than anticipation. Traders should monitor the validity of the wave structure and manage risk accordingly.
Disclaimer: This analysis reflects my personal interpretation of the market using Elliott Wave Theory and is shared strictly for educational purposes only. It should not be considered financial or investment advice.
"Don't predict the market. Decode it."
The Song Remains the SameCleanSpark ( NASDAQ:CLSK ) still remains my major long. The poor thing is just drifting in a range since 2024, but I really can't see how they keep it down much longer. Price target is still $36, but I can see it moving higher than that by new year. With short interest at 33% of float, BTC hitting midpoint in halving cycle, and a new revenue model taking shape, it just feels like a matter of time.
Someone wrote an extensive writeup on the new CleanSpark announced this week. Since it fits my bias it's a good read.
ARM Flat Finished ARM has hit the 61.8% retracement after a clean 5 waves down from what looks like a perfectly clean flat after an impulse up. Looking to go long here and ride this to potentially $300+. It is bouncing out of a bull gap that is still open, it may still close that tomorrow before really taking off.
TSLA about to rip for W-3TSLA looks like it just finished a small wave 2 of a larger C. The close today bounced off the downtrend for the week so we could get a small pullback Monday or gap up and run. The volume on the daily with the hammer candle is very bullish for the continuation of the uptrend. I'm looking for this wave 3 to end around 470 but maybe 450 before finishing up around 510.
TSLA wave b Finished at a = c, looking for c of C next TSLA put in a very nice bearish triangle down to 377 at a = c which as been my target the last week. From here we should see 5 waves up for wave C. Mini a =c would be 443 target, but I'm mostly shooting for 495. Stop below the previous wave B low at 368 or if more conservative below 377.
The triangle formation only occurs before the last move of an Elliot Wave structure. The wave (B) is very telling here because of that. It is more than likely a wave (B) or a wave (4) - but a 4 does not fit the count.
Market Summer Volatility Leads to OpportunityThe market recently pushed to new highs in June and is now undergoing what I would describe as a correction in time, with price consolidating in a choppy, sideways range rather than experiencing a meaningful decline. This type of price action often serves to reset sentiment and momentum while allowing moving averages and other technical indicators to catch up with price.
I've seen many traders calling this a local top, while others believe the current structure resembles a diamond or triangle pattern that is setting up for a significant breakout—or breakdown. While those scenarios are certainly possible, I believe it's important to consider the broader market context rather than focusing solely on the pattern itself.
From a seasonal perspective, July has historically been one of the stronger months for equities. Looking at long-term market statistics, the Nasdaq has typically delivered positive returns during July, with an average gain of approximately 2%. Although seasonality should never be used in isolation, it can provide a valuable tailwind when combined with a favorable technical setup.
The scenario I currently favour is a brief fake-out that traps both buyers and sellers on the wrong side of the market before the primary trend resumes. A pullback toward the Anchored VWAP from the March low would represent a healthy retracement within the broader uptrend while providing an area where institutional buying interest could emerge. This level also aligns closely with the Nasdaq's most recent swing low established in early June, creating a compelling area of technical confluence.
From an Elliott Wave perspective, the current consolidation also has the characteristics of a combination correction. Rather than correcting primarily through price, the market appears to be correcting through both time and structure, frustrating participants with prolonged sideways movement before potentially continuing the larger impulsive trend. This type of correction often creates uncertainty, which is precisely why false breakouts and breakdowns become increasingly common as the pattern matures.
Overall, I believe this pullback could present an attractive opportunity to establish a long position in the Nasdaq if the scenario unfolds as expected. For traders using TQQQ, a stop-loss of approximately 10%—roughly equivalent to a 3% move in the Nasdaq offers a reasonable level of risk. If the correction completes and the market rotates back toward its all-time highs during the summer months, the setup could offer a favorable risk-to-reward profile, with upside potential in the range of 20–30% on TQQQ.
Gold | One More Wave… or Has Wave B Already Begun?XAUUSD | 2H Elliott Wave Update
According to the higher-degree Weekly and Daily wave counts, Gold continues to develop Wave IV. This analysis is based on the Elliott Wave Principle, following both its core rules and structural guidelines while focusing on market structure rather than price prediction.
The primary focus of this update is a Leading Diagonal, currently identified as part of Wave A. Price has now reached a region where this structure may be complete. However, until the market provides structural confirmation, the Leading Diagonal cannot be considered finished with certainty.
According to the Elliott Wave Principle, Waves 2 and 4 within a Leading Diagonal must unfold as Zigzag corrections, whether single, double, or triple. Likewise, Waves 1, 3, and 5 may develop either as Impulses or as Zigzags, with those Zigzags also appearing in single or multiple forms.
At the current stage, Wave 5 of the Leading Diagonal is displaying signs of structural complexity. Therefore, two scenarios remain equally valid. The first suggests that the Leading Diagonal has already been completed and the market is ready to begin Wave B. The second assumes that one final minor decline—or a brief capitulation move—is still required before the diagonal can be considered complete.
From a structural perspective, a confirmed breakout above the descending corrective channel would provide the first meaningful evidence that Wave B has begun. Until then, additional downside movement within the current structure remains a valid possibility.
Once the Leading Diagonal is confirmed complete, the preferred scenario is for Wave B to unfold, followed by Wave C, ultimately completing Wave IV as a classic A–B–C Zigzag. Fibonacci retracement levels may help identify potential reversal zones, but in this analysis, market structure always takes precedence over price ratios.
Research Notes
One observation that has repeatedly caught my attention is the visual similarity between some Leading Diagonals and Triple Zigzags. In several markets, I have seen price confined within converging trendlines, initially appearing to be a textbook Leading Diagonal. However, as the structure matured, it became evident that the market was actually developing a Triple Zigzag.
This occurs because multiple Zigzags can sometimes produce a wedge-like appearance. For that reason, visual pattern recognition alone is never sufficient. The internal wave relationships and the structural rules of the Elliott Wave Principle remain the decisive factors.
Another key element is the relationship between Gold and the U.S. Dollar Index (DXY). Although these markets generally maintain an inverse correlation, historical observations suggest that this relationship is not always constant. There have been periods in which Gold continued building a bullish structure despite a rising Dollar Index. In such situations, one market appears to be correcting through time, while the other progresses toward a price objective.
For this reason, I place greater emphasis on wave structure and price behavior than on traditional intermarket correlations alone.
Unless the market proves otherwise, my preferred expectation remains unchanged: once the Leading Diagonal is complete, Wave B should develop first, followed by Wave C, ultimately completing Wave IV as a classic Zigzag correction.
Price is the outcome; Structure is the cause.
Patterns whisper. I listen.
— Mr.Nobody
Gold Spot / U.S. Dollar
7 days ago
Gold | One More Wave… or Has Wave B Already Begun?
Gold Spot / U.S. Dollar
May 17
Gold 4H: Leading Diagonal or Just the Beginning?
HOW-TO: Analysis of PSLV - Silver ETF backed by metal. I am often asked why I'm not publishing ideas, well TradingView seems to not like any ideas containg user tools/scripts and allowing to publish only few with the restriction of "HOW-TO:" prefix. This publication is just an experiment, to check that limited process.
It's not a financial advice. I have no right to sugest anyone anything, just sharing my view on silver with the use of tools that I have.
When I'm investing in silver I'm doing it by PSLV as it's backed by real metal. I've not done research if there is a better way as this seems to be easy and good enough.
Silver is after strong ride that I was hoping was the 3rd wave in the impulse. I was expecting to see one more wave 5 move. Unfortunatelly current correction is deeper than I was expecting from wave 4 and it complicate situation, as:
1. Price is still over end of wave 1 so even ortodoxic Elliot rules will accept it.
2. Potential wave 4 is too big in proportion to wave 1 for me.
Both clues are oposite to each others, but point 2. is triggering me to changing my opinion that last top could be bigger wave 1 and currently we are seeing a formation of wave 2 not wave 4, with such assumption I will try to find potencial entrance point.
Overbalance shows no suport or resistance that can stop this correction, but we can mark potencial 1:1 for C.
What other clues we can get:
- In this price area previously we had consolidation so it's an important price zone
- Wyckoff is showing volume support area
- It's optimal ending area of Elliot wave 2.
Multitimeframe RSI is not giving much clues. Chances that it will be a fast move down to 13$ just to get 1W RSI to 30 are IMO extreme low, so I would not count on RSI mutitimeframe signal soon (Maybe if that correction would take few more weeks).
Price range is still big so I'm setting only alert on crossing 17.25$ and final decision I will be making when price will be in that price range based on:
- Wyckoff Volume Formations
- Candle formations
- Volume
Have a nice day and good luck in trading !
ETH 4H - Regular Flat (3-3-5) still looks textbookToday i'm sharing Ethereum as it comes close to an interesting area!
My primary count remains a regular flat correction.
Wave A completed as a 3 wave move.
Wave B retraced over 90% of A without making a new low, which fits the textbook definition of a regular flat.
From the B low, price appears to be developing an impulsive 5 waves for wave C.
If correct, we're currently working through wave 4 before one final push higher.
The ideal termination zone sits around the 1 - 1.382 extension, which would also take out the previous high.
Importantly, taking the high would NOT be bullish in this scenario, it would actually complete the regular flat structure and it's a minimum target for a regular flat!
After a completed 5 wave advance into resistance, I'd be looking for an impulsive reversal ultimately targeting the June lows.
Invalidation: A move below the Wave 4 invalidation level noted on the chart before Wave 5 completes would force me to reassess the count.
Elliott Wave is about probabilities, not certainties. This is simply the path that currently best fits the structure.






















