XAU Archives - Elliott Wave Forecast

Hello fellow traders,

In this technical article, we are going to present Elliott Wave charts of GOLD (XAUUSD) . As our members know we are long in GOLD from previous equal legs area. As a result, members are enjoying profits in risk-free positions. Recently ,the commodity completed its intraday correction at the Equal Legs zone. In the following sections, we will explain the Elliott Wave count.

GOLD 1-Hour Elliott Wave Analysis (March 10, 2025)

The current view suggests XAUUSD has completed a 5-waves pattern in the cycle from the 2832.2 low. GOLD is now forming a wave ((ii)) black correction. The price shows an incomplete sequence in the decline from the peak. This suggests more short-term weakness. We expect an extension toward the extreme zone at 2889.59–2871.89. At that zone buyers should re-enter, which could lead to a further rally. We recommend that members avoid selling gold.

Official trading strategy on How to trade 3, 7, or 11 swing and equal leg is explained in details in Educational Video, available for members viewing inside the membership area.

GOLD Wave Count: Correction Toward Equal Legs Buying Zone

GOLD Follow-Up Analysis (March 13, 2025)

The commodity made another leg down toward the Equal Legs area and found buyers, as expected. XAUUSD is now showing a solid rally from the buying zone. The price has broken to new highs. This confirms further upward extension, provided the pivot at the 2832 low holds.

90% of traders fail because they don’t understand market patterns. Are you in the top 10%? Test yourself with this advanced Elliott Wave Test

Reminder for members: Our chat rooms in the membership area are available 24 hours a day, providing expert insights on market trends and Elliott Wave analysis. Don’t hesitate to reach out with any questions about the market, Elliott Wave patterns, or technical analysis. We’re here to help.

GOLD Price Action: Rally Confirmation from Support Zone

Elliott Wave Forecast Trading Advantages

Thank you for exploring our GOLD (XAUUSD) Trading Setup with us. While we analyze 78 instruments, it’s important to remember that not every chart represents a trading recommendation. For official trading signals, we invite you to join our Live Trading Room, where we provide actionable insights in real-time. If you’re not yet a member, take advantage of our 14-day trial to unlock new trading opportunities.

Over the years, we’ve developed a reliable trading strategy that clearly defines entry, stop loss, and take profit levels. By joining us, you’ll gain access to expert guidance and the chance to refine your trading skills

Why Join Elliott Wave Forecast Today?

📈 Elevate your trading with Elliott Wave Forecast!

💻 Ask unlimited questions during trading hours (Monday to Friday). Our Chat Rooms are an excellent place to learn, with continuous support from our market experts!

🔍 Explore our expert insights and real-time analysis covering Forex, Indices, Commodities, Cryptocurrencies, Stocks, and ETFs across 78 instruments.

📊 Gain exclusive access to our Official Trading Recommendations in the Live Trading Room, where seasoned experts provide valuable insights and guidance on new trading opportunities.

💰 For just $9.99, unlock a wealth of knowledge and experience with our 14-day Trial. Experience firsthand our proven trading strategy, which accurately defines Entry, Stop Loss, and Take Profit levels, empowering you to make informed decisions with confidence.

👉 Ready to take the next step? Get your 14-day Trial in just a few clicks! Click here to start your Trial today!

Hello fellow traders, As our members know we have had many profitable trading setups recently. In this technical article, we are going to present another Elliott Wave trading setup we got in GOLD (XAUUSD) . The commodity completed its correction precisely at the Equal Legs zone, referred to as the Blue Box Area. In the following sections, we will delve into the specifics of the Elliott Wave pattern observed and discuss the corresponding trading setup in detail.

Elliott Wave Pattern Analysis

GOLD Elliott Wave 1 Hour Chart 02.28.2025

The current view indicates that XAUUSD is forming a wave 2 red correction. The price action shows an incomplete sequences in the decline from the peak, suggesting potentially more short term weakness. This correction is likely unfolding as an Elliott Wave Double Three pattern. We anticipate an extension toward the extreme zone at 2862.5–2820.7 area, where we are looking to re-enter as buyers.

We recommend members to avoid selling GOLD. As the main trend remains bullish, we anticipate at least a 3-wave bounce from this Blue Box area. Once the price touches the 50 fibs against the ((x)) black connector, we’ll make positions risk-free and set the stop loss at breakeven and book partial profits. On other hand, breaking below the 1.618 Fibonacci extension level at 2820 would invalidate the trade.

Official trading strategy on How to trade 3, 7, or 11 swing and equal leg is explained in details in Educational Video, available for members viewing inside the membership area.

Quick reminder on how to trade our charts :

Red bearish stamp+ blue box = Selling Setup
Green bullish stamp+ blue box = Buying Setup
Charts with Black stamps are not tradable. 🚫

Current View: Wave 2 red correction unfolding as a potential Double Three pattern

GOLD Elliott Wave 1 Hour Chart 03.04.2025

The commodity has made extension down toward Blue Box and found buyers as expected. XAUUSD is showing a decent bounce from our Buying Zone. Consequently, any long positions from the Blue Box should now be risk-free. We’ve set our stop loss at breakeven and have already secured partial profits. Now, we would like to see a break of the 1 red peak (02.24) to confirm that the next leg up is in progress.