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Hellena | SPX500 (4H): LONG to resistance area of 7000.Colleagues, I believe that the upward movement is not over yet and at the moment the formation of wave “3” is taking place, but the chart shows a gap that should be closed. Therefore, I believe that the price can go into correction of the small wave “4” to the area of 6823, but the priority is still the upward movement, as I believe to the resistance area of 7000. Fundamental context U.S. business activity strengthened in October: the S&P Global PMI rose to 54.8, indicating expansion in both manufacturing and services sectors. However, uncertainty persists — business sentiment and export performance have weakened, while the partial government shutdown limits data visibility. At the same time, the Federal Reserve is expected to continue rate cuts as the economy shows signs of slowing. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
OANDA:SPX500USDLong
by Hellena_Trade
9
Hellena | EUR/USD (4H): SHORT to the support area 1.15419.The situation is quite interesting. I would not like to recommend selling, but judging by the waves, the price should update the minimum of 1.15419 and complete the wave "C" of higher order near the level of 1.15000. Then the triangle (ABCDE) will continue to develop. And as much as I don't want to, I will insist that the price will continue the downward movement at least to the support area of 1.15419. Fundamental context The dollar continues to be under pressure - markets are increasingly laying expectations of a soon Fed rate cut due to signs of a slowdown in the US economy. At the same time, the euro is receiving moderate support due to stability in the eurozone and investors' interest in alternative assets outside the dollar. In fact, this may lead to some sideways movement, which will be expressed in the triangle (ABCDE). Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Short
by Hellena_Trade
17
Hellena | GOLD (4H): LONG to resistance area 4219.Colleagues, I am not abandoning the idea that the upward movement is not over yet. It seems that the correction in wave “4” is very long and I think that it may continue to the support area 3807 and there is an important nuance - it is quite difficult to label all this movement as wave “C”, because it contradicts some rules of wave construction, but there are exceptions and I tend to interpret the downward movement in this way. There is one more option, which does not contradict the rules and it is a “shortened wave ”5" at 4377, and then (ABC) looks more adequate, but I will not display this option. In both cases, I expect a resumption of the move to at least the 4219 area. Fundamental context Against the current macro backdrop, gold remains well-supported: the U.S. dollar is under pressure, and bond yields continue to decline after recent weaker economic data. This environment sustains demand for safe-haven assets. Short-term pullbacks and profit-taking after record highs appear natural — overall interest in gold stays strong, particularly amid expectations of further Fed policy easing. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
FX:XAUUSDLong
by Hellena_Trade
5
Hellena | Oil (4H): SHORT to support area of 59.00.Colleagues, the situation is complicated, but I still expect the price to renew the local low of 56.40. It looks like the price is forming a complex compound correction (WXY) and I think that for now it is worth looking at the 59.00 area as the nearest most likely level. Ideally, I would like to see the completion of wave “C” in the area of 64.80. Fundamental context According to the latest IEA report, the global oil market remains under pressure as supply continues to outpace demand. For 2025, production is expected to rise by around 3 million barrels per day, while demand growth is forecast at only 0.7 million barrels. This imbalance increases the risk of oversupply and inventory buildup across key regions. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
PEPPERSTONE:SPOTCRUDEShort
by Hellena_Trade
3
Hellena | SPX500 (4H): LONG to resistance area of 6777.Price made a sharp and strong move to the 6503 level, making wave “4” quite large, but this move did not break the structure. I think that now the price is in the big wave "5" and middle wave "2". I think that there will be an upward movement with the purpose to renew the maximum of the wave "3" of higher order. Therefore, I expect the price in the resistance area of 6777. Fundamental context After the sharp drop, the market quickly recovered — investors are once again turning to risk assets amid growing expectations of upcoming Fed rate cuts. Inflation data came out under control, and corporate earnings have been stronger than expected, boosting confidence in the U.S. economy. With the dollar losing momentum and bond yields easing, the S&P 500 now has room to extend its move upward toward the resistance area near 6777. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
OANDA:SPX500USDLong
by Hellena_Trade
13
Hellena | GOLD (4H): LONG to 61.8% Fibo of 4265.Dear colleagues, in the new forecast the idea remains the same - the upward momentum (12345) is not yet complete. At the moment I see the end of the formation of the corrective wave “4” at the level of 4000, as stated earlier, and the beginning of the upward movement in wave “5”. I do not want to set distant targets, because their achievement may take time, so let's start small - the nearest target is the resistance area at 4265 - the area beyond the 61.8% level of wave “4”. I think that this is the nearest target that we should expect. Fundamental context Earlier this week, gold experienced a sharp pull-back after its recent record highs. Nothing to panic about — it’s simply a technical correction: investors are taking profits after a rapid and extended rally. Key drivers like central bank buying and lower rate expectations remain intact, so the broader bullish story is still alive. In fact, this brief dip may offer a better entry point before the next leg up. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
FX:XAUUSDLong
by Hellena_Trade
7
Hellena | GOLD (4H): SHORT to support area of 4040.Gold is actively rising and I believe that before the impulse ends we should see the correction that many are expecting. As of today, I see the completion of the higher order wave “3” and the approaching start of the correction in wave “4”. It makes no sense to put any distant plans in the correction and I think that the support area of 4040 looks quite attractive. Fundamental context Gold continues its rally and recently broke new highs, fueled by expectations of U.S. rate cuts, global uncertainty, and safe-haven demand. Central banks are still actively increasing their gold reserves — this structural demand adds support even if price pullbacks occur. Supply growth is modest — mining output is constrained, and recycling of gold is not enough, which limits the downward pressure on prices. Given this backdrop, the chance of a correction rises as momentum stretches — but the underlying fundamentals remain favorable for further upside once the correction completes. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
FX:XAUUSDShort
by Hellena_Trade
21
Hellena | Oil (4H): SHORT to support area of 54.00.As I continued to watch oil I realized that the structure I built in the last forecast is still in place. I think we should expect a correction in wave “4” to the 59.3 area, then a continuation of the downward movement at least to the 54.00 support area. This will be the completion of the downward impulse. I do not exclude the probability of lengthening of wave “3” and in this case there will be no correction and the price will immediately reach the target. Fundamental context The oil market remains under pressure as supply continues to outpace demand, raising the risk of a surplus. Forecasts for 2025-2026 indicate higher production growth while consumption slows. Rising inventories and a shift in the futures curve into contango suggest growing storage levels and weaker near-term demand. Under these conditions, downside pressure persists, keeping the probability of a further decline high. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
PEPPERSTONE:SPOTCRUDEShort
by Hellena_Trade
7
Hellena | Oil (4H): SHORT to support area of 56-57.Colleagues, price is actively moving in a downward direction and I believe the move is not yet complete. Earlier I saw this move as a big correction, but now the structure is more of an impulsive one. This means that the price is moving in the wave “3” of the higher order (Red), which should be completed soon. For this to happen, the price needs to complete the correction in the wave “4” of medium order and then update the low, reaching the support area of 56-57. The extension of wave “3” is possible - then the price will reach the target without correction. Fundamental context Global oil inventories are forecast to rise through 2025, putting downward pressure on prices despite efforts by some producers to restrain output. OPEC+ has been increasing production again, which adds to the supply burden. Meanwhile, demand forecasts have been trimmed amid softer economic growth indicators in key consuming regions. Major banks have lowered long-term price expectations for crude — the balance is tilting toward a more bearish outlook. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
PEPPERSTONE:SPOTCRUDEShort
by Hellena_Trade
9
Hellena | EUR/USD (4H): LONG to the resistance area 1.16827.Colleagues, the recent continuation of the downtrend has made me reevaluate my wave analysis a bit. If everything is correct, we are now witnessing a correction - triangle (ABCDE). In this case, wave “C” should not update the minimum of wave “A”. This means that I expect the upward movement to start either from the current values or after the correction is completed around 1.14876. Then I expect the beginning of the upward movement at least to the resistance area of 1.16827 - the middle line of the triangle. Fundamental context The U.S. dollar is showing signs of weakness — recent labor data came out softer than expected, and markets continue to price in further Fed rate cuts. This reduces demand for the dollar as a safe-haven asset. At the same time, the ECB is likely to keep its current policy unchanged, as there’s limited room for additional easing. That gives the euro a slight fundamental advantage. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Long
by Hellena_Trade
9
Hellena | GOLD (4H): LONG to resistance area of 4104.Colleagues, gold is going up steadily and right now it is hard to say where the correction will be. If we look at the wave structure, I expect the completion of the higher order wave “3” and the middle order wave ‘5’. because wave “5” completes the impulse - it complicates the concept of where exactly this wave will end. I think the psychological level of 4100-4105 is suitable for this target. I expect the price to reach the 4104 resistance area. Fundamental context Gold recently broke above $4,000, driven by strong safe-haven demand amid global uncertainty and expectations of U.S. rate cuts. Central banks continue to accumulate gold, supporting demand structurally. Deutsche Bank raised its 2026 target to $4,000, citing a weak dollar and sustained global demand. Given the strength and stretched momentum, a pullback is plausible — but the exact timing remains unclear. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
FX:XAUUSDLong
by Hellena_Trade
6
Hellena | Oil (4H): SHORT to support area of 58.884Colleagues, it appears that the downward movement is not over and I see several reasons to continue to look short. The higher order wave “C” is looking to complete the correction and I expect the start of the middle order wave “3” to see the low update and reach the support area at 58.884. Fundamental context Oil remains under pressure as supply increases and demand outlook weakens. OPEC+ decided to slightly raise output for November, while U.S. inventories keep growing. Crude lost about 8% last week, and EIA now expects lower prices by the end of the year — all of which supports the idea of a continued downside move within wave “3” toward the 58.884 support area. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
PEPPERSTONE:SPOTCRUDEShort
by Hellena_Trade
5
Hellena | SPX500 (4H): SHORT to support area of 6646 .Colleagues, in the last forecast I was counting on price reaching the 6550 area, but that plan turned out to be a long term plan. I see the sense in making some shorter term targets. The closest target I see is the 6646 support area, where wave “4” ends. This is a corrective movement, so it is necessary to realize that the price may continue to fall after reaching the target. Fundamental context U.S. inflation remains elevated — CPI rose to about 2.9 % YoY, with core inflation around 3.1 %. At the same time, the labor market continues to cool, and corporate earnings show mixed results. Combined with the Fed’s cautious stance and ongoing fiscal uncertainty, this creates pressure on the stock market. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
OANDA:SPX500USDShort
by Hellena_Trade
7
Hellena | GOLD (4H): LONG to support area of 3950.had to revise the vision of this upward movement a little bit. Because there was no deep correction, I think that the ascending wave “3” (blue) is now completed. Earlier I thought it was completed, but we didn't see the “4” correction. At this point, I think that the price will reach the resistance area of 3950, completing either the continued wave “3”, or after the correction of 3791, the wave “5” will be completed. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
FX:XAUUSDLong
by Hellena_Trade
21
Hellena | EUR/USD (4H): LONG to the resistance area 1.18726.In the coming week, I'm hoping for a continued upward movement, so I decided to update the forecast. If everything goes according to plan, the price is currently starting an upward movement in the wave “3” of the middle order. I believe that the price is quite capable of reaching the resistance area at 1.18726. Despite the fact that the top of wave “1” is likely to be updated - I would still prefer a target somewhat more reliable and closer. Fundamental context Lately, U.S. data keeps showing signs of slowdown — especially in the labor market. The latest ADP report came out negative, and forecasts for NFP remain weak, around +50K. That eases pressure on the Fed and slightly weakens the dollar. In Europe, inflation picked up to 2.2%, which is above the ECB’s target. It means the central bank has no reason to rush with rate cuts — giving the euro some fundamental support. So overall, the background fits well with my technical outlook: the dollar is losing momentum, and EUR/USD might continue higher in wave “3”, targeting the resistance zone near 1.1872.
Long
by Hellena_Trade
2
Hellena | Oil (4H): SHORT to support area of 60 (Wave 3).The price is still not reaching the target of 60. I decided to make a new forecast, slightly changing the labeling of waves, or rather their importance. At this stage, as before, I think that the price will reach the area of the level 60 in the middle wave “3”. This movement is the development of the big corrective wave “C”. In general, the plan remains the same. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
PEPPERSTONE:SPOTCRUDEShort
by Hellena_Trade
25
Hellena | GOLD (4H): LONG to support area of 3800.Dear colleagues, the last forecast is canceled, but I recommended that trades should be set trades to breakeven because there is a high probability of wave “3” extension. It looks like the upward impulse is still not over and I expect the final formation of wave “5” to the 3800 area. Yes - this target is quite close, but now it makes no sense to make a long forecast with a correction in wave “2” of higher order (red). As soon as I get confirmation that the correction in wave “2” has started - I will make a forecast with more points. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
FX:XAUUSDLong
by Hellena_Trade
35
Hellena | EUR/USD (4H): LONG to the resistance area 1.18935.We did pretty well last week and I was waiting for the correction to show us its movement in wave “4”. Now I believe that the correction is coming to an end and I expect the upward movement to continue in wave “5”. I think that we will target the resistance area at 1.18935. Fundamentals: Euro is supported by stable inflation in the Euro area at 2.0% YoY in August, while in Germany it ticked slightly higher to 2.2%. Meanwhile, the U.S. Dollar Index (DXY) trades around 97.77, showing that dollar pressure hasn’t intensified. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Long
by Hellena_Trade
25
Hellena | SPX500 (4H): SHORT to support area of 6550.Colleagues, I am not much of a correction trader, but I have to share my opinion that the upward impulse has almost formed wave “5” and now it would still be logical to expect a correction. I believe that first the price will update the local maximum in the resistance area of 6759, then we will see a correction in wave “4”, which I expect to see at least in the support area of 6550. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
OANDA:SPX500USDShort
by Hellena_Trade
5
Hellena | SPX500 (4H): LONG to resistance area of 6700.Colleagues, I think we should expect the upward movement to continue. The upward impulse is not over yet, but I think we may see a correction to the 6500 area, then I expect the upward movement to continue to the 6700 area, which is a pretty strong psychological level and is the area of 50% levels of Fibonacci extension. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
OANDA:SPX500USDLong
by Hellena_Trade
22
Hellena | GOLD (4H): SHORT to support area of 3558.Colleagues, gold is in an active upward impulse of big wave “1” and if until now I was only talking about long positions, now it is time to think about the correction in wave “2”. Wave “1” (red) consists of five waves and, to all appearances, wave “5” (blue) has either completed or is about to complete. This means that I expect a corrective movement to the 3558 support area. I believe that this is the minimum retracement level, and the price may reach lower values, but we will work for the result, which we will achieve soon. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
FX:XAUUSDShort
by Hellena_Trade
26
Hellena | EUR/USD (4H): LONG to the resistance area 1.18500.Dear colleagues, the upward movement is not over yet and I think wave “3” is not over yet. At this stage, I believe that the correction has already taken place or will soon end in the support area of 1.16573, then I expect the upward movement to continue to the resistance area of 1.18500. This is a pretty strong area, as this is where the high of the big wave “3” (Red) is located. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Long
by Hellena_Trade
23
Hellena | SPX500 (4H): LONG to resistance area of 6600.Colleagues, the main idea is still the upward movement in the impulse of the middle wave “5”. Wave “4” is likely to take place, because the bulls need to gain strength to update the local maximum of 6512. The most important thing here is that the target of 6600 is a round number, which is quite attractive for buyers and limit sellers. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
OANDA:SPX500USDLong
by Hellena_Trade
17