Gold Pulls Back After Impulse – Trend Still IntactQuick Context
Recent geopolitical uncertainty continues to support safe-haven flows. Gold has already delivered a strong bullish impulse, and the current move looks like a healthy correction, not a reversal.
Technical Snapshot (H1–H4)
Strong bullish impulse already completed
Current price action = controlled retracement
No bearish CHoCH, no structural breakdown
Market is resetting momentum after expansion
This is typical impulse → retrace → continuation behavior.
Key Levels to Watch
Buy Zone: 5,180 – 5,160
Invalidation: H1 close below 5,120
Upside continuation targets:
5,300
5,360
Extension toward 5,440+
If – Then Logic
If price holds above 5,160 → expect continuation higher
If price sweeps into 5,180–5,160 and reacts → buy-the-dip opportunity
Only if H1 closes below 5,120 → bullish bias weakens
Bottom Line
Gold is not reversing — it is reloading.
Pullbacks are part of trend strength.
Wait for reaction, not confirmation at the highs.
Elliotwaveanalysis
5 IMPOTANT TYPES OF ELLIOTT WAVE PATTERNS !!Hello traders, today we will talk about 5 TYPES OF ELLIOTT WAVE PATTERNS
( FIRST SOME BASIC INFO )
What is Elliott Wave Theory?
The Elliott Wave Theory suggests that stock prices move continuously up and down in the same pattern known as waves that are formed by the traders’ psychology.
The theory holds as these are recurring patterns, the movements of the stock prices can be easily predicted.
Investors can get an insight into ongoing trend dynamics when observing these waves and also helps in deeply analyzing the price movements.
But traders should take note that the interpretation of the Elliot wave is subjective as investors interpret it in different ways.
(KEY TAKEAWAYS)
The Elliott Wave theory is a form of technical analysis that looks for recurrent long-term price patterns related to persistent changes in investor sentiment and psychology.
The theory identifies impulse waves that set up a pattern and corrective waves that oppose the larger trend.
Each set of waves is nested within a larger set of waves that adhere to the same impulse or corrective pattern, which is described as a fractal approach to investing.
Before discussing the patterns, let us discuss Motives and Corrective Waves:
What are Motives and Corrective Waves?
The Elliott Wave can be categorized into Motives and Corrective Waves:
1. Motive Waves:
Motive waves move in the direction of the main trend and consist of 5 waves that are labelled as Wave 1, Wave 2, Wave 3, Wave 4 and Wave 5.
Wave 1, 2 and 3 move in the direction of the main direction whereas Wave 2 and 4 move in the opposite direction.
There are usually two types of Motive Waves- Impulse and Diagonal Waves.
2. Corrective Waves:
Waves that counter the main trend are known as the corrective waves.
Corrective waves are more complex and time-consuming than motive waves. Correction patterns are made up of three waves and are labelled as A, B and C.
The three main types of corrective waves are Zig-Zag, Diagonal and Triangle Waves.
Now let us come to Elliott Wave Patterns:
In the chart I have mentioned 5 main types of Elliott Wave Patterns:
1. Impulse:
2. Diagonal:
3. Zig-Zag:
4. Flat:
5. Triangle:
1. Impulse:
Impulse is the most common motive wave and also easiest to spot in a market.
Like all motive waves, the impulse wave has five sub-waves: three motive waves and two corrective waves which are labelled as a 5-3-5-3-5 structure.
However, the formation of the wave is based on a set of rules.
If any of these rules are violated, then the impulse wave is not formed and we have to re-label the suspected impulse wave.
The three rules for impulse wave formation are:
Wave 2 cannot retrace more than 100% of Wave 1.
Wave 3 can never be the shortest of waves 1, 3, and 5.
Wave 4 can never overlap Wave 1.
The main goal of a motive wave is to move the market and impulse waves are the best at accomplishing this.
2. Diagonal:
Another type of motive wave is the diagonal wave which, like all motive waves, consists of five sub-waves and moves in the direction of the trend.
The diagonal looks like a wedge that may be either expanding or contracting. Also, the sub-waves of the diagonal may not have a count of five, depending on what type of diagonal is being observed.
Like other motive waves, each sub-wave of the diagonal wave does not fully retrace the previous sub-wave. Also, sub-wave 3 of the diagonal is not the shortest wave.
Diagonals can be further divided into the ending and leading diagonals.
The ending diagonal usually occurs in Wave 5 of an impulse wave or the last wave of corrective waves whereas the leading diagonal is found in either the Wave 1 of an impulse wave or the Wave A position of a zigzag correction.
3. Zig-Zag:
The Zig-Zag is a corrective wave that is made up of 3 waves labelled as A, B and C that move strongly up or down.
The A and C waves are motive waves whereas the B wave is corrective (often with 3 sub-waves).
Zigzag patterns are sharp declines in a bull rally or advances in a bear rally that substantially correct the price level of the previous Impulse patterns.
Zigzags may also be formed in a combination which is known as the double or triple zigzag, where two or three zigzags are connected by another corrective wave between them.‘
4. Flat:
The flat is another three-wave correction in which the sub-waves are formed in a 3-3-5 structure which is labelled as an A-B-C structure.
In the flat structure, both Waves A and B are corrective and Wave C is motive having 5 sub-waves.
This pattern is known as the flat as it moves sideways. Generally, within an impulse wave, the fourth wave has a flat whereas the second wave rarely does.
On the technical charts, most flats usually don’t look clear as there are variations on this structure.
A flat may have wave B terminate beyond the beginning of the A wave and the C wave may terminate beyond the start of the B wave. This type of flat is known as the expanded flat.
The expanded flat is more common in markets as compared to the normal flats as discussed above.
5. Triangle:
The triangle is a pattern consisting of five sub-waves in the form of a 3-3-3-3-3 structure, that is labelled as A-B-C-D-E.
This corrective pattern shows a balance of forces and it travels sideways.
The triangle can either be expanding, in which each of the following sub-waves gets bigger or contracting, that is in the form of a wedge.
The triangles can also be categorized as symmetrical, descending or ascending, based on whether they are pointing sideways, up with a flat top or down with a flat bottom.
The sub-waves can be formed in complex combinations. It may theoretically look easy for spotting a triangle, it may take a little practice for identifying them in the market.
Bottomline:
As we have discussed above Elliott wave theory is open to interpretations in different ways by different traders, so are their patterns. Thus, traders should ensure that when they identify the patterns.
This chart is just for information
Never stop learning
I would also love to know your charts and views in the comment section.
Thank you
Hellena | GOLD (4H): LONG to resistance 5200.Since the movement continues and clearly shows no signs of reversing, I had to slightly revise the wave count, and it looks as if the impulse has been extended.
This means that the higher-order wave “3” has just ended or will end soon.
This means that wave “5” is not over yet and we should expect another update of the maximum.
I expect the gap at 4984.97 to be closed, after which I expect the rather important and strong level of 5200 to be reached.
Alternatively, wave “3” has not yet ended and should be expected at the same level of 5200.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
BTCUSD | Trying to predict the unpredictableHello traders,
USD index is weakening. Metals, stocks and basically anything USD related is skyrocketing. And there we have BTC dumping over and over.
BTC is currently in a very unpredictable price action as it forms an internal uptrend and a dump all of a sudden like what happened yesterday
The reason is? Buy side liquidity sweep
Now, I'm expecting BTC to continue lower to target around 86,200 to 86,800
From this range, we could potentially form an inverse H&S that could reverse the trend to short-term bullish
If that fails, price will drop to target 84,000 zone
Action plan? For now, nothing. I'll monitor how the indicated level ($86,000) reacts to price first
Good Luck!
GOLD UPDATED: FINAL GRAND CYCLE ANALYSIS – $5,131 Hit, NEXT?hey everyone — quick update on the GOLD Grand Supercycle Chart ( 2026 edition ).
We've been riding this beast hard, and it's delivering exactly as mapped. We smashed through that first big fib target at $5,131 ( nailed it perfectly today ), printed a fresh all-time high around $5,190 on the 3W, and now... yeah, we're seeing the classic pullback kicking in. This looks like the transition from the end of the 3rd minor wave into the 4th — a healthy, needed breather before the final 5th leg of this minor cycle.
Short-term roadmap right now: Expecting a correction down toward the $3,600–$3,500 zone (marked in red on the chart as that 3-to-4 wave dip). Could be sharp, could grind, but it's the shake-out most people miss or panic-sell. Support clusters there line up with prior structure, fib retraces, and the longer-term channel floor.
Once that 4th wave bottoms, boom — 3rd wave of the minor cycle fires up, targeting ~$9,419 ( 3.618% extension cluster — clean alignment).
After that? The chart tells the rest of the story: Micro 4th wave correction (probably multi-month, classic profit-taking / "gold is done again" vibes).
Then Micro 5th pushes the envelope higher potentially topping near $22,744 (3.618%) , feeding into the Macro Wave 3 climax.
Bigger picture stays unchanged: Macro Wave 3 potentially topping near $22,744 (3.618%), then deep Wave 4 shakeout, followed by the monster Wave 5 blow-off into $78,940+ (or way higher in full fiat-reset chaos — $100k–$250k not off the table if trust fully evaporates).
This isn't hype — it's the same Elliott + fib + PA structure that's respected every major turn since the '70s. We're deep in the "price discovery" phase of Macro Wave 3, where third waves get parabolic and make doubters look silly.
Smart money's been accumulating for years; now retail's piling in, central banks keep buying physical, and the fiat narrative keeps cracking. Dips like the one coming are the last real gifts before the next leg rips.
Plan: Watch for confirmation of the $3,500–$3,600 bottom (higher lows, volume dry-up, reversal candles).
Scale in on weakness if you're positioned — this correction is setup for the next impulse.
Don't fight the trend; third waves extend, corrections get ugly but end.
Stay sharp, manage risk, and let's see if we print $9k+ sooner than most think.
Drop your thoughts below — you calling this dip to $3,500 or shallower? Positions?
What a time to be watching gold... the system's hedge is waking up for real.
Disclaimer: Not financial advice — just sharing the chart structure and my read. Do your own homework, trade your plan.
UNH: adding into fear after a completed ABC correctionThesis
NYSE:UNH has completed its corrective ABC structure and is stabilizing within Wave 2, offering long-term accumulation opportunities in a proven cash-flow compounder.
Context
- Daily and weekly timeframes
- Deep corrective phase already completed
- Long-term uptrend remains intact on the weekly chart
- Dividend-paying, high free-cash-flow defensive name
What I see
- Yesterday’s selloff was headline-driven, not structural
- Price is holding inside the Wave 2 retracement zone
- Volatility is shaking out weak hands, not breaking structure
- This behavior is typical at the end of corrective phases
- I added to my long-term position yesterday, bringing my average into the $270s
What matters now
- The priority is stabilization and base-building
- A reclaim of the 50-day MA improves short-term structure
- Reclaiming the 200-day MA confirms the next impulsive leg
- Gap-filling narratives are noise, not a strategy
Buy / Accumulation zone
- Accumulation remains valid inside the current Wave 2 range
- I have no issue adding again once price stabilizes
- Risk is defined against the recent correction lows
Targets
- First major structural reference: 200-week MA near $460
- Wave 3 target remains the 1.618 Fib extension around $540
- Dividend yield (~2.6%) pays while waiting
Execution note
- This game isn’t for everyone — pressure exposes conviction
- I added at $250 and $240 when sentiment was darkest
- Buffett added at higher prices, yet fear returned instantly
- NYSE:UNH is my current safe-haven: strong FCF, cash-rich, defensive
This is a 3–5 year hold for me, not a short-term trade
JD: Final Wave 2 consolidation (patience before the breakout)Thesis
NASDAQ:JD is still compressing in the final stages of Wave 2, and the longer this base builds, the stronger the breakout typically becomes.
Context
- Weekly timeframe
- Multi-year downtrend transitioned into a base
- Compression phase continues while peers already broke out (BABA, BIDU)
- 2026 remains the window for JD to catch up
What I see
- Standard late-stage consolidation behavior for a Wave 2 structure
- Volatility keeps compressing inside the wedge
- Support is still holding, while resistance is still capping price
- Nothing “broken” here — just time passing and pressure building
What matters now
- We need patience until the weekly breakout and hold above wedge resistance
- Until that happens, this is still a compression structure, not the breakout itself
- The longer this range holds, the better the breakout odds and follow-through
Buy / Accumulation zone
- Wedge floor / support zone remains the area of interest
- Risk stays clean as long as support holds
Targets
- Wave 3 target remains: 1.618 Fib at ~$71
- Higher extensions come later once Wave 3 plays out and Wave 4 support is confirmed
Risk / Invalidation
-Loss of the wedge floor support would delay the bullish catch-up thesis
EUR/JPY: Wave 5 Completed, ABC Correction AheadEUR/JPY has completed a strong bullish impulsive move, finishing a full five-wave Elliott Wave structure to the upside. The recent highs suggest that Wave 5 is likely complete, which often signals the end of a trend phase. After such a move, the market usually shifts into a corrective phase, and the chart shows the start of an A-B-C correction. Price is expected to move lower first into Wave (A), followed by a bounce in Wave (B), and then another decline in Wave (C). As long as price remains below the recent high near 186.9, the bias is short-term bearish, with downside targets around the 179–176 zone. This pullback would be a normal and healthy correction after a long rally, not a trend reversal yet.
Targets
Wave (A) target: 179.5 – 178.0
Wave (C) target (if correction extends): 176.0 area
Stop-Loss
Above recent high: 186.90
Invalidation Level
Daily close above 186.90
Stay tuned!
@Money_Dictators
Thank you :)
Hellena | EUR/USD (4H): LONG to resistance area 1.19348.Colleagues, the price has actively updated the maximum of wave “1” of the higher order, which means that wave “3” of the middle order continues to develop.
At the moment, we are seeing a gap in the 1.18373 area, which means that wave “4” will close this gap, after which I expect the upward movement to continue to the resistance area of 1.19348, which is about 100 pips.
It is quite possible that wave “3” will renew its maximum, and we will see wave “4” a little later.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hellena | Oil (4H): LONG to resistance area 62.545.Colleagues, after a strong upward movement, I decided to observe the price and understand what is happening.
Now I believe that this movement resembles the beginning of an “ABC” correction, which means that the higher-order wave “A” ended at 54.956.
This means that we can expect the upward movement to continue at least to the resistance area of 62.545.
A correction to the support area of 58.890 is possible.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
EUR/USD Elliott Wave Setup Points to Further UpsideOn the EUR/USD 4-hour chart, the market first completed a normal ABC correction and then started a strong move upward, which shows that the trend has turned bullish. Price respected the key support level around 1.1655 and bounced strongly from it, proving that buyers are in control. The sharp and fast rise looks like a Wave 3, which is usually the strongest part of an uptrend. After this strong move, the market may take a small pullback (Wave 4), but as long as price stays above 1.1655, the bullish structure remains valid. After the pullback, the final push higher (Wave 5) can take price toward the 1.1950–1.2000 area. Overall, the bias remains bullish, and buying on pullbacks is safer than chasing price at the top.
Stay tuned!
@Money_Dictators
Thank you :)
GBP/AUD: Corrective Rally, Downtrend IntactGBP/AUD is trading in a clear bearish Elliott Wave structure on the 4H timeframe. The market has already completed a strong impulsive decline and is currently moving in a Wave 4 corrective pullback, which is happening inside a downward channel and near key Fibonacci retracement levels. This correction looks weak and corrective, suggesting sellers are still in control. As long as price remains below the invalidation level around 2.0050 , the bearish bias stays valid. The expectation is for the correction to finish soon, followed by Wave 5 to the downside, targeting the lower channel area and the 1.96–1.95 zone. Overall, the trend remains bearish, and any short-term bounce is likely a selling opportunity before the next leg lower.
Stay tuned!
@Money_Dictators
Thank you :)
USD/CHF Approaching Breakdown from RangeUSD/CHF is moving in a sideways corrective pattern, not a strong trend. The price is forming an A-B-C-D-E structure, which usually happens before the market makes a bigger move. Right now, price is in the last part of this pattern (wave E) and is sitting near a resistance area, where it has failed to move higher and has started to turn down. This behavior often means sellers are becoming stronger. As long as the price stays below 0.795–0.798 , the outlook remains bearish, and the market is expected to move lower toward the 0.782–0.775 support area. If this move happens, it would complete the corrective pattern after a short pause, and then the market can decide its next big direction.
Stay tuned!
@Money_Dictators
Thank you :)
Hellena | GOLD (4H): LONG to 50% Fibo 4933.Colleagues, the price continues its upward movement in wave “5” of the higher order (red wave), and a major correction is already quite close, but we need to understand where the upward momentum will end.
I believe that the price will renew its maximum and rise to the 50% Fibonacci extension level to the 4933 area, which will mark the end of the middle wave “5” and the higher wave “5”.
It is possible that wave “4” will be renewed, but I do not believe that the correction will be deep.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hellena | EUR/USD (4H): LONG to resistance area 1.17666.Dear colleagues, The upward movement is confirmed, the red wave “3” is just beginning to develop, and I think that the medium-term wave ‘2’ is completing its correction and we will soon see a continuation of the upward movement in the medium wave “3”.
I think it is worth paying attention to the maximum of wave “1” at 1.17666, as this is the first area of resistance that is worth paying attention to and should be overcome in the near future.
For greater confidence and to reduce risks, you can look for an entry into a long position in the support area at 1.16595.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
GBP/USD Maintains Bullish Structure for Wave (3)
GBP/USD is showing a bullish Elliott Wave structure, where the market has completed Wave (2) through a corrective A-B-C move and is now preparing for the next impulsive leg higher. Price is holding above the 0.618–0.786 Fibonacci support zone, which is a common area for Wave (2) to finish. As long as this support holds, the bias remains bullish, and the next expected move is the start of Wave (3), which typically brings strong upside momentum. A break below the recent corrective low would invalidate this view, but above support, GBP/USD is likely to move higher toward new highs.
Stay tuned!
@Money_Dictators
Thank you :)
ROOT: double-top short / shortable bounce set-up Stock's fundamentals, price relative strength, and group action look strong.
But the uptrend structure may have formed a mid-term top.
Weekly:
Downside potential remains as long as the price stays below the May 8th highs.
Ideal macro support zone: 90–70.
Daily:
Thank you for your attention and I wish you successful trading decisions!
BABA – Breakout Follow-Through | Wave 5 In ProgressContext
- Weekly and daily timeframes
- Multi-year base already completed
- Prior impulsive advance followed by a controlled Wave 4 retracement
- Breakout confirmed last week
What I see
- Wave 4 pullback resolved cleanly
- Breakout last week confirmed the end of the corrective phase
- Price has advanced +20% from the breakout area in the last two weeks
- Momentum accelerated after price rejected a pullback toward the breakout zone
- Yesterday’s near +4% close and strong pre-market action signal continued demand
- Structure is now consistent with an active Wave 5 advance
What matters now
- The 50-day MA and former breakout area near $156 should now act as support
- Holding above this level keeps the impulsive structure intact
- Next resistance sits at the prior Wave 3 high around $192
- A clean break above $192 confirms Wave 4 completion beyond doubt
Buy / Accumulation zone
- Initial breakout already played
- Ideal adds come only on controlled pullbacks toward support
- Risk remains clearly defined against the recent higher low
Targets
- Wave 5 target remains the $230 area
- This level aligns with the next major upside reference within the broader reversal
Portfolio note
- NYSE:BABA currently represents ~3% of my portfolio
- Comfortable holding this position into 2026
- Acts as a solid diversification hedge versus the US market
BIDU – Wave 3 Progress UpdateThesis
NASDAQ:BIDU continues to advance within a developing Wave 3 structure after completing a multi-year corrective phase and confirming a major breakout.
Context
- Weekly timeframe
- Prolonged correction from 2021 into mid-2025
- Transition completed: downtrend → base → breakout
What I see
- BIDU stood out this week despite a weak and volatile broader market
- Higher high printed at the start of the week, followed by another +5% push today
- Breakout remains clean, with price holding above former channel resistance
- Acceptance above long-term trend support confirms impulsive behavior
- Structure remains consistent with an advancing Wave 3
What matters now
- Holding above the $155 breakout area is key
- A successful hold confirms Intermediate Wave 4 is complete
- That opens the path toward the Cycle Wave 3 objective
Buy / Accumulation zone
- Core accumulation completed earlier between $70–$90 (H1 2025)
- Additional buys executed at ~$118 ahead of the breakout
- Further adds taken post-breakout after support confirmed outside the channel
- Next opportunity comes only on a confirmed higher-degree pullback
Targets
- Cycle Wave 3 target: 1.618 Fib extension at $225 area
- Higher extensions remain possible if momentum persists
Execution note
- Patience through a 9-month base was rewarded with a +100% move
- Recent adds followed rules and structure — discipline is paying off
USD/CAD: Elliott Wave Bearish BiasUSD/CAD is showing a bearish Elliott Wave structure on the 4H chart. Price appears to have completed a corrective Wave 2 near the 0.5–0.618 Fibonacci retracement zone, which is a common area for corrections to end. From there, the market has started to turn lower, suggesting the beginning of a new impulsive Wave 3 to the downside, which is usually the strongest bearish wave. As long as price stays below the recent swing high near the retracement zone, the bias remains bearish, with downside targets toward the 1.365–1.360 area. A move above the Wave 2 high would invalidate this count and delay the bearish scenario.
Stay tuned!
@Money_Dictators
Thank you :)
EUR/USD is benefiting from the Greenland diplomatic crisis.The euro has recovered most of its January losses and is now targeting a critical resistance area.
⚡Psychological Support (1.1700): EUR/USD's success in holding above 1.1700 confirms a shift in short-term sentiment from bearish to consolidative with an upward bias.
⚡RSI (58 - 60): Is in the positive zone but not yet overbought, giving the euro room to attempt a further rally.
✅ Key Levels to Watch
⚡Major Resistance ($1.1750 - $1.1800): A breakout of 1.1750 would pave the way for EUR/USD to test the 1.1800 area (early January peak). A successful settlement above 1.1800 would officially end this month's downtrend.
⚡Immediate Support ($1.1700): This level must be held. A daily close below this level would bring the pair back to the neutral zone around 1.1660.
⚡US Jobless Claims & PCE (Thursday): Tomorrow's employment data and PCE inflation will be the real test for the dollar. If US data is significantly stronger than expected, the euro could suddenly lose its upward momentum.
Ethereum at $1,000: a new reality?Greetings! The Financial Analyst is watching the markets, which means fresh, high-quality analysis is already in front of you.
Today we’ll break down Ethereum’s outlook for the coming year.
First of all, let’s be clear: there is a very high probability that we are already in a bear market. And in a bear market, many projects simply disappear, because funding and clients drop by 70-90%, just like altcoins falling from their highs.
So, Ethereum is not just the second-largest coin by market cap. Ethereum is B2B. And the higher the token price is (and therefore fees, gas costs, deployments), the worse it actually is for ETH itself, as Buterin has said. That’s why, in my opinion, a bear market actually gives startups and new projects a good opportunity to start at reasonable prices.
Second, let’s look at the chart:
We’ve been moving sideways for 1,715 days! That’s insane. What alt season are you all waiting for? What kind of bull run in alts? As long as Ethereum stays in this range, it won’t happen. We need to break out of this range like a champagne cork-then all altcoins will fly after it.
For now, we’ve drawn a deviation (liquidity grab) on the top, which suggests a potential move to draw a deviation on the bottom. On top of that, we have a distribution pattern, and I think we may also see a full five-wave structure.
In short, $1,000 per ETH is brutal. But even if we do see $1,000, only a few people will buy-because there simply won’t be any money left after the entire market falls.
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