Has GOLD finished its correction, or are we entering Wave (4)?
This analysis is based on the Elliott Wave Theory on the 4-hour timeframe, showing a corrective W–X–Y structure after completing Wave (3) at the 4381$ high.
Price is currently reacting to the 50% retracement level within Wave X — if it fails to break higher, we could see a continuation toward Wave (4) around the 3600–3500$ zone.
This move represents part of a larger corrective phase within the overall bullish cycle, potentially setting up the next strong impulsive Wave (5) to the upside.
This is a wave structure outlook, not financial advice — the goal is to understand market behavior through professional Elliott Wave perspective.
Best way is to buy gold only.
And then move the stop-loss up.
Re: Banzai's Trading System
Posted: Tue Nov 11, 2025 12:10 pm
by Banzai
GOLD retraced 50% from the all-time high.
and already touched the resistance zone on October 24, 2025
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Re: Banzai's Trading System
Posted: Tue Nov 11, 2025 12:30 pm
by Banzai
(ON/OFF)button
Here's the button version
Re: Banzai's Trading System
Posted: Tue Nov 11, 2025 1:05 pm
by Banzai
live on November 11, 2025, Asian session, GOLD
Good trader that explain how to trade zigzag for gold.
Re: Banzai's Trading System
Posted: Wed Nov 12, 2025 4:01 am
by Banzai
ElliottWave
According to this Thailand trader, we're in wave C of Elliott Wave.
Try to sell only. Traders will try to test the bottom of wave A.
Use RSI(3) to find the peaks and troughs in each timeframe.
Re: Banzai's Trading System
Posted: Wed Nov 12, 2025 8:25 am
by Banzai
Re: Banzai's Trading System
Posted: Wed Nov 12, 2025 8:44 am
by cladi53
Banzai wrote: Wed Nov 12, 2025 8:25 am
SUPPORT.png
Dear Banzai what is the best S/R indicator for you?
This analysis is based on the Elliott Wave Theory on the 4-hour timeframe, showing a corrective W–X–Y structure after completing Wave (3) at the 4381$ high.
This analysis is based on the Elliott Wave Theory on the 4-hour timeframe, showing a corrective W–X–Y structure after completing Wave (3) at the 4381$ high.