Gold Daily Short Term Outlook - Running Flat CorrectionI will more than happy for TVC:GOLD to blow past this typical running flat correction zone between 3600-3643 and head higher. However if it stalls at this zone and reverses then this is one possibility of how the wave (4) correction could to play out, one that ill be watching closely.
Elliottwaveforecasts
CRYPTO: ETHERIUM (H1)CRYPTO:ETHUSD
Wave Count:
- The larger impulse (labeled (1) → (5)) appears complete, with the top marked at wave (5).
- Current structure is unfolding as a corrective pattern following the top.
- Subwaves labeled (a) or (1), B, and C suggest that the market is now in a decisive corrective phase.
There are two potential corrective scenarios being tracked:
1. Expanded Flat / Running Flat correction.
2. Impulse move down unfolding as wave (3).
Targets:
Upside (retracement / correction before continuation):
- 4,400 – 4,600 USD (Expanded Flat target zone).
- 4,961.2 USD is marked as the Recent Count Invalidation level – any move above here would invalidate the current bearish count.
Downside (continuation of correction / start of larger wave (3)):
- 3,573.0 USD – first bearish target (wave (c) or (3)).
- 3,362.7 USD – extended bearish target if downside momentum accelerates.
Cable: Texbtook Elliott Wave pattern is pointing higherCable stabilized at the 1.3350 area as expected, from where we’ve seen a nice intraday rebound that could even be a small impulse, signaling continuation within the uptrend. This fits the textbook Elliott Wave 8-wave pattern, with five waves up from the August lows followed by an A-B-C, 3-leg setback. Such a structure suggests bulls are yet to lift the price toward and beyond the 1.36 area, though we may have to wait for tomorrow’s NFP release, which could be the key catalyst for markets this week.
GH
GOLD(XAU/USD): 27 AUG, 2025 Conclusion: Medium term, gold may be moving higher.
Key Points: Gold is set to move much higher, after completing the Triangle pattern.
On the other hand, the other wave count scenario for wave 4)) has ended, and we are moving higher.
No difference, just whether the uptrend is permanent or needs a little more time.
A move above 3,409.040 will trigger wave count #2, and eliminate wave count #1. While price must remain above 3,312.195 to keep both views valid.
ASX STOCKS SCAN: PLS - 27 AUG, 2025 - BULLISH POTENTIALConclusion: Wave v))green may be moving higher.
Key Points: Wave v))green is extended and subdivides into waves i,ii,iii)purple. Wave iii)purple may now be moving higher, targeting the nearest target at the high of 3.12. While price must remain above 2.07 to maintain this view.
Invalidation Point: 2.07
ASX STOCKS SCAN: S32 - 27 AUG, 2025 - BULLISH POTENTIALConclusion: Wave 3-red may be moving higher.
Key Points: Wave 2-red may have ended as a complex corrective wave, and since 2.84 wave 3-red may be unfolding to move higher. Target a high of 3.59 or higher. While price should remain above 2.84 to keep the weight and confidence for the bullish market view.
Invalidation Point: 2.47
ASX STOCKS SCAN: MIN - 27 AUG, 2025 - BULLISH POTENTIALConclusion: Wave 5-red may be moving higher.
Key Points: Wave 5-red may be extending and subdividing into waves i,ii,iii))green. And its wave iii))green may be moving higher, targeting 48.60 or higher. While price should remain above 34.81 to maintain confidence, the weight of this bullish view.
Invalidation Point: 27.45.
CRYPTO: LUMIA (1D)Following a request to do an analysis of CRYPTO:LUMIAUSD , here are my thoughts:
This chart is looking good for now. It is currently completing wave C of (2), a regular flat corrective variation. To confirm this idea, there should be a break a major trendline. To strengthen it more, a break of resistance will mean an uptrend with potential targets reaching 0.86.
If it doesn't turn out to be a regular flat variation, there is a target below to hit the resistance at around 0.234. This case would mean a potential completion of an inverse H&S pattern potentially hitting targets slightly lower than the plotted target (0.86).
Once this count gets invalidated (break the low of 0.194), there would be a need to reassess this outlook.
For now, these are the cases for me.
GBPUSD:Elliot Waves AnalysisHello. You see the GBP/USD chart in the middle of the period where wave 1 of C has completed and a correction towards wave 2 should occur. So I expect it to react positively to the levels that have been identified. This is just an analysis and could have a bullish scenario as well. So it is a perspective that should be considered.
CRYPTO: BTC.D (1W)Currently, we are at a crucial point where the price is playing at the trendline. Once we see a breakout + retest, this is our time to shine! We can see BTC.D hitting targets from 47.06% to 43.68% On the other hand, if the price bounces on the trendline, it may reach to 69% to 73.59%.
I am leaning towards the breakout + retest as of the moment since it is showing clear signs that we are going to see a bull run in the coming months.
Dogecoin Correction Going According to Plan🐶 CRYPTO:DOGEUSD is unfolding a 3-wave pullback, with the equal legs zone at $0.204–$0.195 acting as the next key support.
📈 A bullish reaction is expected from this area as the structure completes.
Will Dogecoin Hold the August Low at $0.18?
Are you ready to load your bags when it matters most?
🎯 Smart money waits for structure.
Bitcoin Dominance Breaks Out: Altcoins in Danger?🔎 BTC Dominance (BTC.D) – 4H Analysis
• The 5-wave decline has completed right at the 1.618 Fibonacci extension (59.1%), confirming a potential bottom.
• A contracting triangle (A–B–C–D–E) has formed and just broke to the upside, coinciding with the breakout of the descending channel.
⸻
📈 Main Scenario
• With this breakout, BTC dominance is entering a new bullish phase.
• Next targets:
• 60.8% – 61.0% (key Fibonacci resistance + channel top)
• If broken, possible extension to 61.4% – 62.0%
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⚠️ Implications for Altcoins
• Rising BTC dominance usually means capital is rotating into Bitcoin → leading to heavy sell-offs in altcoins.
• Alt traders should be cautious: this move can trigger a broad correction across the altcoin market.
⸻
📉 Alternative Scenario
• If BTC.D falls back below 59.3%, the breakout may turn into a fakeout, and a retest of lower levels could follow.
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✅ Conclusion:
The breakout above the descending channel is a strong signal of trend reversal. As long as BTC.D stays above 59.3%, the path toward 61%+ is favored. This could mark the beginning of a tough phase for altcoins.
Elliott Wave Analysis of Time Technoplast TIMETECHNOThis script appears to have just completed a triangle retraction after a 5 waves move in 5th wave. This means, a next 5 waves move up might be in play on daily time-frame. But the 2nd wave did not go deep as usual, so one also needs to be cautious of the possibility of a complex retracement forming.
BTCUSDT:Elliot Wave 15minAccording to the previous analysis, it is expected that Bitcoin's upward trend will occur with the formation of waves 1 and 2. Considering the market structure, the market structure must be broken and stabilized above the previous ceiling, followed by a decline towards liquidity as the second wave, after which we will expect growth.
ASX LIMITED: 15 AUG, 2025 ELLIOTT WAVE ANALYSISConclusion: Bearish pressure is increasing, wave C)-blue is likely pushing lower.
Key Points: Wave C)-blue is moving lower, targeting 48.12. While price must remain below 73.88 to remain bearish.
On the other hand, when price action moves above 73.88, it is directly suggesting that wave 3)-purple is moving much higher at that point.
©By Hua Chi Cuong (Shane), CEWA-M (Certified Elliott Wave Analyst - Master Level).
BITCOIN (BTCUSDT): 13 AUG, 2025 - ELLIOTT WAVE ANALYSISConclusion: Wave iii))-green is continuing to move higher.
Key Points: Wave iii))-green is extending, and subdividing into wave i)-purple to wave iv)-purple. I am not sure if wave iv)-purple is finished, but it should not move lower than 115,720 (Invalidation Point: Wave 4 should not overlap wave 1).
On the other hand, 118,050.11 acts as a key level that price needs to hold higher, to gain confidence, weight for this view.
©By Hua Chi Cuong (Shane), CEWA-M | Certified Elliott Wave Analyst - Master Level
ASX:QBE - 13 AUG, 2025 - ELLIOTT WAVE ANALYSISConclusion: Wave 2))-purple is moving lower.
Key Points: Wave 1))-purple ended at the high of 24.20, wave 2))-purple is unfolding towards 17.38 - 17.50. So there is no convincing evidence of a developing Bullish trend, instead it shows a downward move of the market.
On the other hand, I would only reconsider the bullish market view if the market moves above 24.20 quickly enough, strongly enough.
©By Hua Chi Cuong (Shane), CEWA-M | Certififed Elliott Wave Analyst - Master Level
ASX:QAN - 13 AUG, 2025 - ELLIOTT WAVE ANALYSISConclusion: Wave 5)-blue could move higher.
Key Points: Wave 4))-purple ended at 7.55 and wave 5))-purple has been moving higher since then. It is subdividing into wave 1)-blue to wave 5)-blue. Now wave 5)-blue is extended and subdividing into wave 1-red to wave 3-red.
Basically its wave 3-red will move higher, targeting targets around 11.90 - 12.68.
While price must remain above 10.63 to keep this Bullish view valid.
ASX:PLS - 13 AUG, 2025 - ELLIOTT WAVE ANALYSISConclusion: Short-term, wave 2-red is moving lower.
Key points: Wave 2)-blue has ended at 1.070 and wave 3)-blue is moving much higher. It is subdividing into wave 1-red, which has just completed. Wave 2-red is now probably unfolding to push lower, targeting a low around 1.710.
So short-term, this stock is moving lower. Medium-term, it has a lot more to go.
©By Hua Chi Cuong (Shane), CEWA-M | Certififed Elliott Wave Analyst - Master Level
SILVER (XAG/USD): 12 AUG, 2025 | ELLIOTT WAVE ANALYSISConclusion: The C-red wave may be moving lower.
Bottom line: The C-red wave is pushing down to the nearest target at 37.07 or possibly lower, depending on the price action reaction at that level.
On the other hand, the ALT alternate wave count depicted on the chart is gaining weight. But in the short term, the ALT view is likely to also move to 37.07. Then, if it moves higher above 38.50, it will trigger the ALT scenario.
Invalidation Point: 39.52
©By Hua Chi Cuong (Shane), CEWA-M | Certified Elliott Wave Analysis - Master Level.