Get started

Goldie

XAUUSD 15m – EW Long SetupHi fellow traders, On the 15m XAUUSD chart, I am applying Elliott Wave principles to outline a potential long setup. Price appears to have completed wave (iv) and is showing early signs of reversal from the golden box area, suggesting that wave (v) may now be underway. I am entering at the current price, with a Stop Loss at 3940.00, serving as the invalidation level. My Take Profit is set at 4078.87, targeting the projected completion of wave (v). If price moves below the invalidation level, this wave count is no longer valid. Good luck and trade safe!
ICMARKETS:XAUUSDLong
by OGwavetrader
4
XAUUSD 15m – EW Short SetupHi fellow traders, On the 15m XAUUSD chart, I am applying Elliott Wave principles to outline a short setup. Price has completed wave (v) and is now retesting the Fibonacci cluster between the 0.618 and 0.88 retracement levels, which aligns with a potential reversal zone. I am entering at the current price, with a Stop Loss at 4059.16, serving as the invalidation level. My Take Profit levels are set at 3991.32 (TP1), 3985.71 (TP2), and 3965.74 (TP3), targeting the projected completion of the next corrective leg. If price moves above the invalidation level, this wave count is no longer valid. Good luck and trade safe!
ICMARKETS:XAUUSDShort
by OGwavetrader
3
Gold shorts after attacking buy stops I’m shorting Gold this morning after seeing how we broke structure when it traded above weekly equal highs which means a shift in the market should be in place. Especially seeing how we had the big drop in the prev month I’m confident that we should be bearish and price should start breaking previous daily lows. On this trade price made a short term low during Asian and attacked sell stops above equal highs on the LTF during London. Once nyc opened and price shifted I knew that was what I needed to see to take my shorts being that we haven’t broke a daily low this week I’m sure price should start attacking this weeks lows and start back trading into last weeks range as we head down into 1900. Thanks for watching…
OANDA:XAUUSDShort
by Marioheard