EWA-tokyo

XAGUSD, Elliott wave analysis

FX_IDC:XAGUSD   Silver / U.S. Dollar
■Outlook of XAUUSD on 3D chart.
I think We are in sub-wave 1 of wave (ⅲ).
Wave (ⅲ), shown by the orange line, will probably become a 3rd wave extension impulse.
If the assumption of this scenario is correct, If it can break through a channel line, it will probably become strongly Bullish.

■Outlook of XAUUSD on 3D chart. Apr 13.2024

■Outlook of Dow(DJI) on 3D chart. Feb 23.2024

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