β¨ GOLD: Breaking Records - Wave 5 Target $3,800!
π Market Overview
Timeframe: Daily Chart (D1)
Market: Gold (XAU/USD)
Bias: BULLISH π’
π Wave Analysis
Gold is making history! After completing Wave 3 at $3,450 (new all-time highs), the precious
metal is setting up for Wave 5 to $3,700-3,800. This multi-year bull market shows no signs of
stopping!
Bullish Momentum:
- β Wave 1-2-3 complete (from $2,900 to $3,450)
- β³ Wave 4 correction expected to $3,250-3,300
- π― Wave 5 target: $3,700-3,800
- π₯ New all-time highs incoming!
π― Trading Zones
Buy Zone (Wave 4):
- $3,250-3,300 (ideal entry - 38.2% Fib)
- $3,150-3,200 (deeper pullback - 50% Fib)
Targets:
- $3,600 (conservative)
- π― $3,700-3,800 (Wave 5 completion)
- π $3,900+ if extended
π‘ Trade Plan
Wait for Wave 4 Dip:
Entry: $3,250-3,300
Stop Loss: Below $3,150
Target: $3,700-3,800
R/R Ratio: 1:4 π°
β‘ Why This Matters
Gold is in a historic bull run driven by inflation concerns, Fed policy, and global uncertainty.
The Wave 5 setup offers a final push to new records. This could be your last chance to join before $4,000!
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