Gold (XAUUSD) Elliott Wave Outlook: Eyeing 5610 Retest-To The Moon - Tiger Brokers Online Investing Community - To The Moon

151
1
Favorite

Gold (XAUUSD) Elliott Wave Outlook: Eyeing 5610 Retest

Elliottwave_Forecast
02-11 21:18

Gold (XAUUSD) reached an all-time high of $5610.8 on 29 January 2026, marking the completion of wave I. Since then, the metal has been correcting a larger cycle that began from the September 2022 low, unfolding within wave II. The correction is developing as a double three Elliott Wave structure, reflecting a complex adjustment in price action.

From the wave I peak, wave (W) ended at $4941.61, followed by wave (X) at $5145.73. The decline continued with wave (Y), which terminated at $4402.06. This sequence completed wave ((W)) of the higher degree. The market has since entered a rally in wave ((X)), which is also subdividing as another double three.

Within this advance, wave (W) ended at $5091.4. A pullback in wave (X) followed, reaching $4654.35. The current move higher is unfolding as wave (Y) in a zigzag formation. From the wave (X) low, wave A advanced to $5086.53. A corrective wave B is expected before the market resumes higher in wave C, with potential to retest the $5610.82 peak.

Completion of this rally would finalize wave (Y) of ((X)). As long as the pivot at $5610.82 remains intact, gold retains scope to turn lower again in wave ((Y)). This level is therefore critical, serving as a decisive reference point for traders assessing the next stage of the cycle.

Gold (XAUUSD) 60 minute chart

XAUUSD Elliott Wave Video

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

151

Report

Comment（1）

Top
Latest

EmilyMark
·02-12 19:32
Solid wave analysis, mate. Watching for that 5610 retest closely. [看涨]
Reply
Like
Report

Most Discussed

{"i18n":{"language":"en_US"},"data":{"magic":2,"id":531637195011208,"tweetId":"531637195011208","gmtCreate":1770815925464,"gmtModify":1770895098481,"author":{"id":4113409820866582,"idStr":"4113409820866582","authorId":4113409820866582,"authorIdStr":"4113409820866582","name":"Elliottwave_Forecast","avatar":"https://community-static.tradeup.com/news/c00ab1fc45e212abf00117a41ad8354f","vip":5,"userType":5,"introduction":"Elliott Wave Forecasts of 78 markets.","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":9814,"starInvestorFlag":false},"themes":[],"images":[{"img":"https://community-static.tradeup.com/news/cd39f305e59746d49ae9fb552432da14","width":"300","height":"154"}],"coverImages":[{"img":"https://community-static.tradeup.com/news/cd39f305e59746d49ae9fb552432da14","width":"300","height":"154"}],"title":"Gold (XAUUSD) Elliott Wave Outlook: Eyeing 5610 Retest","html":"<html><head></head><body><p>Gold (XAUUSD) reached an all-time high of <strong>$5610.8</strong> on 29 January 2026, marking the completion of wave I. Since then, the metal has been correcting a larger cycle that began from the September 2022 low, unfolding within wave II. The correction is developing as a double three Elliott Wave structure, reflecting a complex adjustment in price action.</p>\n<p>From the wave I peak, wave (W) ended at <strong>$4941.61</strong>, followed by wave (X) at <strong>$5145.73</strong>. The decline continued with wave (Y), which terminated at <strong>$4402.06</strong>. This sequence completed wave ((W)) of the higher degree. The market has since entered a rally in wave ((X)), which is also subdividing as another double three.</p>\n<p>Within this advance, wave (W) ended at <strong>$5091.4</strong>. A pullback in wave (X) followed, reaching <strong>$4654.35</strong>. The current move higher is unfolding as wave (Y) in a zigzag formation. From the wave (X) low, wave A advanced to <strong>$5086.53</strong>. A corrective wave B is expected before the market resumes higher in wave C, with potential to retest the <strong>$5610.82</strong> peak.</p>\n<p>Completion of this rally would finalize wave (Y) of ((X)). As long as the pivot at <strong>$5610.82</strong> remains intact, gold retains scope to turn lower again in wave ((Y)). This level is therefore critical, serving as a decisive reference point for traders assessing the next stage of the cycle.</p>\n<p><strong>Gold (XAUUSD) 60 minute chart</strong></p>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/cd39f305e59746d49ae9fb552432da14\" tg-width=\"300\" tg-height=\"154\"></p>\n<p><strong>XAUUSD Elliott Wave Video</strong></p></body></html>","htmlText":"<html><head></head><body><p>Gold (XAUUSD) reached an all-time high of <strong>$5610.8</strong> on 29 January 2026, marking the completion of wave I. Since then, the metal has been correcting a larger cycle that began from the September 2022 low, unfolding within wave II. The correction is developing as a double three Elliott Wave structure, reflecting a complex adjustment in price action.</p>\n<p>From the wave I peak, wave (W) ended at <strong>$4941.61</strong>, followed by wave (X) at <strong>$5145.73</strong>. The decline continued with wave (Y), which terminated at <strong>$4402.06</strong>. This sequence completed wave ((W)) of the higher degree. The market has since entered a rally in wave ((X)), which is also subdividing as another double three.</p>\n<p>Within this advance, wave (W) ended at <strong>$5091.4</strong>. A pullback in wave (X) followed, reaching <strong>$4654.35</strong>. The current move higher is unfolding as wave (Y) in a zigzag formation. From the wave (X) low, wave A advanced to <strong>$5086.53</strong>. A corrective wave B is expected before the market resumes higher in wave C, with potential to retest the <strong>$5610.82</strong> peak.</p>\n<p>Completion of this rally would finalize wave (Y) of ((X)). As long as the pivot at <strong>$5610.82</strong> remains intact, gold retains scope to turn lower again in wave ((Y)). This level is therefore critical, serving as a decisive reference point for traders assessing the next stage of the cycle.</p>\n<p><strong>Gold (XAUUSD) 60 minute chart</strong></p>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/cd39f305e59746d49ae9fb552432da14\" tg-width=\"300\" tg-height=\"154\"></p>\n<p><strong>XAUUSD Elliott Wave Video</strong></p></body></html>","text":"Gold (XAUUSD) reached an all-time high of $5610.8 on 29 January 2026, marking the completion of wave I. Since then, the metal has been correcting a larger cycle that began from the September 2022 low, unfolding within wave II. The correction is developing as a double three Elliott Wave structure, reflecting a complex adjustment in price action. From the wave I peak, wave (W) ended at $4941.61, followed by wave (X) at $5145.73. The decline continued with wave (Y), which terminated at $4402.06. This sequence completed wave ((W)) of the higher degree. The market has since entered a rally in wave ((X)), which is also subdividing as another double three. Within this advance, wave (W) ended at $5091.4. A pullback in wave (X) followed, reaching $4654.35. The current move higher is unfolding as wave (Y) in a zigzag formation. From the wave (X) low, wave A advanced to $5086.53. A corrective wave B is expected before the market resumes higher in wave C, with potential to retest the $5610.82 peak. Completion of this rally would finalize wave (Y) of ((X)). As long as the pivot at $5610.82 remains intact, gold retains scope to turn lower again in wave ((Y)). This level is therefore critical, serving as a decisive reference point for traders assessing the next stage of the cycle. Gold (XAUUSD) 60 minute chart XAUUSD Elliott Wave Video","highlighted":1,"essential":1,"paper":2,"likeSize":151,"commentSize":1,"repostSize":10,"favoriteSize":0,"link":"https://ttm.financial/post/531637195011208","repostId":0,"isVote":1,"tweetType":1,"viewCount":37702,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["W","X","Y","UGL","GDX","1OZmain","GLDM","IAU"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":true,"length":1115,"optionInvolvedFlag":false,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":531965078671480,"commentId":"531965078671480","gmtCreate":1770895935029,"gmtModify":1770900394198,"authorId":9000000000000600,"author":{"id":9000000000000600,"idStr":"9000000000000600","authorId":9000000000000600,"name":"EmilyMark","avatar":"https://static.tigerbbs.com/3e323dbbc6c94364b37b3a4181851cf0","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":531637195011208,"objectIdStr":"531637195011208","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Solid wave analysis, mate. Watching for that 5610 retest closely. [看涨]","text":"Solid wave analysis, mate. Watching for that 5610 retest closely. [看涨]","html":"Solid wave analysis, mate. Watching for that 5610 retest closely. [看涨]","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0,"disclaimerType":0}],"hasMoreComment":true,"orderType":2}