RSS XAU/USD: Elliott Wave Analysis and Forecast for 17.01.25 – 24.01.25

[Crax Bot]

Major Takeaways Main scenario: Consider long positions from corrections above the level of 2576.36 with a target of 2880.00 – 2976.66. A buy signal: the price holds above 2576.36. Stop Loss: below 2570.00, Take Profit: 2880.00 – 2976.66. Alternative scenario: Breakout and consolidation below the level of 2576.36 will allow the pair to continue declining to the levels of 2464.30 – 2282.23. A sell signal: the level of 2576.36 is broken to the downside. Stop Loss: above 2585, Take Profit: 2464.30 – 2282.23. Main Scenario Consider long positions from corrections above the level of 2576.36 with a target of 2880.00... Read full author’s opinion and review in blog of #LiteFinance

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