XAU/USD: Elliott Wave Analysis and Forecast for 26.12.25 – 02.01.26
From litefinance.org
Main scenario: Consider long positions from corrections above the level of 4,306.70 with a target of 4,700.00 – 4,850.00. A buy signal: the price holds above 4,306.70. Stop Loss: below 4,306.70, Take Profit: 4,700.00 – 4,850.00. Alternative scenario: Breakout and consolidation below the level of 4,306.70 will allow the asset to continue declining to the levels of 3,984.50 – 3,742.00. A sell signal: the level of 4,306.70 is broken to the downside. Stop Loss: above 4,306.70, Take Profit: 3,984.50 – 3,742.00. An ascending fifth wave of larger degree 5 is presumably developing on the weekly chart, with wave (3) of 5 ...
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