Gold-Trade-Signal Short FED
Elliott Wave Tech. Analysis
Summary
Gold-Trade-Signal
XAUUSD (Gold) hit the ATH at $5598, then crashed to $4402.
That’s the first leg of a deeper correction.
There’s more downside.
Tech. Analysis
Gold Short
Chart Structure
- Elliott Wave A-B-C
- Zig-Zag Pattern
- 78.6-88.6% Fibonacci Retracement
- Jan-Feb ’23 Fractal Sequence
Expectation
- Bearish Impulse in Wave C
- 100-127.2% Fibonacci Extension of A-B Waves
- $4200 Target Price
Gold (XAUUSD)
Trade Levels
- Ticker: XAU/USD
- Direction: SHORT
- Entry @ $5100
- SL@ $5450
- TP @ $4200
Trade-Signals are subject to risk, DYOR.
3 Comments
adminlewa
March 20, 2026Gold dropped $500 so far, on the FED Meeting event.
https://s3.tradingview.com/snapshots/z/ZKRdqOad.png
adminlewa
March 21, 2026XAUUSD crashing in an Impulse.
https://s3.tradingview.com/snapshots/n/Np4ofpA6.png
adminlewa
March 23, 2026GOLD TRADE SIGNAL:
TARGETS REACHED!
9000 POINTS.
https://s3.tradingview.com/snapshots/h/hpWAjhSN.png