XAU/USD: Elliott wave evaluation and forecast for 17.10.25 – 24.10.25


The article covers the next topics:

Main Takeaways

  • Principal state of affairs: Think about lengthy positions from corrections above the extent of 4,055.00 with a goal of 4,500.00 – 4,700.00. A purchase sign: the worth holds above 4,055.00. Cease Loss: under 4,010.00, Take Revenue: 4,500.00 – 4,700.00.
  • Different state of affairs: Breakout and consolidation under the extent of 4,055.00 will permit the asset to proceed declining to the degrees of three,910.00 – 3,686.00. A promote sign: the extent of 4,055.00 is damaged to the draw back. Cease Loss: above 4,100.00, Take Revenue: 3,910.00 – 3,686.00.

Principal State of affairs

Think about lengthy positions from corrections above the extent of 4,055.00 with a goal of 4,500.00 – 4,700.00.

Different State of affairs

Breakout and consolidation under the extent of 4,055.00 will permit the asset to proceed declining to the degrees of three,910.00 – 3,686.00.

Evaluation

An ascending fifth wave of bigger diploma 5 is presumably growing on the weekly chart, with wave (3) of 5 forming as its half. The third wave of smaller diploma 3 of (3) seems to proceed forming on the each day chart, with wave v of three growing inside. Wave (iii) of v is probably going nearing completion on the H4 chart. If this assumption is right, XAU/USD will proceed rising to 4,500.00 – 4,700.00 as soon as an area corrective wave (iv) of v has fashioned. The extent of 4,055.00 is essential on this state of affairs as a breakout will allow the asset to proceed declining to the degrees of three,910.00 – 3,686.00.




This forecast is predicated on the Elliott Wave Idea. When growing buying and selling methods, it’s important to contemplate elementary elements, because the market scenario can change at any time.

Worth chart of XAUUSD in actual time mode

The content material of this text displays the creator’s opinion and doesn’t essentially mirror the official place of LiteFinance dealer. The fabric printed on this web page is supplied for informational functions solely and shouldn’t be thought-about as the availability of funding recommendation for the needs of Directive 2014/65/EU.


In accordance with copyright legislation, this text is taken into account mental property, which features a prohibition on copying and distributing it with out consent.

Price this text:

{{worth}} ( {{rely}} {{title}} )





Source link

Related articles

4 Magnificent 7 Themes to Watch This Earnings Season

Key themes for the Magnificent 7 Earnings season embrace the AI CapEx growth, digital advert spending, the divergence between enterprise and client spending and the regulatory backdrop.Nasdaq 100 Key FactorsInside the Magnificent Seven,...

Germany Desires CFD-Like Restrictions for Turbos, Kraken Buys Small Alternate from IG for $100M

Germany to require CFD-style warnings for turbosAmongst a set of headlines shaping the market this week, Germany’s monetary regulator, BaFin, will introduce new restrictions on turbo certificates beginning subsequent 12 months. The foundations come...

Excessive Dividend 50: Stellus Capital

Revealed on October 17, 2025, by Nathan Parsh Excessive-yield shares pay out dividends which might be considerably larger than the market common. For instance, the S&P 500’s present yield is simply ~1.2%, a product...

Walmart is promoting a $99 Samsung smartwatch that I truly extremely suggest it

Observe ZDNET: Add us as a most popular supply is just 25.9 grams. The Watch Extremely has a 47mm foremost dimension, whereas the Watch FE is just 40.4mm. This implies...

State Road Company (STT) Q3 2025 Earnings Name Transcript

Operator Good morning, and welcome to State Road Company's Third Quarter 2025 Earnings Convention Name and Webcast. As we speak's name can be hosted by Elizabeth Lynn, Head of Investor Relations at...
spot_img

Latest articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

WP2Social Auto Publish Powered By : XYZScripts.com