Elliott Wave Analysis XAUUSD – 26/01/2025
Momentum
– Weekly momentum (W1) has now turned bullish, therefore the uptrend is likely to continue for the next few weeks on the weekly timeframe.
– Daily momentum (D1) is currently overlapping in the overbought zone, which warns that a potential reversal could occur during this week.
– H4 momentum is preparing to turn bullish, so there is a high probability that price may continue to rise at the beginning of the Asian session.
Wave Structure
Weekly Wave Structure (W1)
– On the weekly timeframe, a five-wave structure (1)(2)(3)(4)(5) in orange is forming, and price is most likely developing within an extended wave (5) in orange.
– Inside the orange wave (5), we can observe a five-wave structure in blue, with price currently located in blue wave 5.
– With weekly momentum having just turned bullish, wave (5) still has the potential to extend further.
However, special attention is required:
although momentum continues to support the bullish move, the price target of orange wave (5) has already reached the Fibonacci 1.0 projection of orange wave (1)–(3), therefore the risk of reversal in this zone is very high.
Daily Wave Structure (D1)
– Within the blue five-wave structure, price is currently located in blue wave 5.
– Inside blue wave 5, an orange five-wave structure (1–2–3–4–5) is developing, and price is most likely in orange wave 3 at the moment.
– With daily momentum preparing to reverse in the overbought zone, this suggests that price may reverse to the downside during this week, thereby forming orange wave 4.
H4 Wave Structure
– On the H4 timeframe, a five-wave structure (1–2–3–4–5) in purple is forming, and price is currently in purple wave 5.
– Inside purple wave 5, we continue to observe a five-wave structure (1–2–3–4–5) in black, with price most likely located in black wave 5.
– There is currently a confluence zone of Fibonacci levels, measured from wave structures across different degrees, converging in the price range between 5010 and 5038.
This indicates that this area is very likely to act as a strong resistance zone for the current bullish move.
– If tomorrow’s D1 candle closes with confirmed bearish momentum reversal, and price fails to break above the 5010–5038 resistance zone, then this area is likely to mark the end of orange wave 3 on the D1 timeframe, with the market transitioning into orange wave 4 on D1.
Trading Plan
– A specific trading plan will be updated tomorrow, once more real price data and clearer confirmation signals are available.
Trend Analysis
NIFTY 50 index moving towards 24356 & 23868 from cmp 25048As per current senario we are in complex correction you will see market moving towards 24356 & 23868 levels and it will bottom out only when INDIA vix reaches 28+ which can be good levels to invest in NIFTY ETF and stock should be selected specific as not like covid any cockroach stock you take and it will start to run! it will be very stock specific rally.
FINOLEX CABLE cmp 721 moving towards fresh 52w low @610 As you can see stock is in correction and as per the trend it will likely to fall more from current levels cmp721 towards 610 steep deep dive expected, don't buy when it reaches this support for long term as it likely to spend 2 years+ on consolidating near this support.
XAUUSD - ATH confirmed, buy pullbacks to 5,100+Gold continues to trade in a strong ATH expansion phase, not a blow-off move. The latest impulsive rally confirms that buyers remain in control, while pullbacks are being absorbed quickly and efficiently. On the macro side, USD weakness persists, safe-haven flows remain active, and the market still prices only modest Fed easing — a combination that continues to support gold at elevated levels.
At this stage, ATHs are no longer resistance — they are areas of acceptance.
Structure & Price Action
Bullish structure remains intact with clear Higher Highs – Higher Lows.
No bearish CHoCH has formed despite the sharp upside extension.
Current consolidation near the highs suggests continuation, not exhaustion.
Pullbacks are corrective and aligned with the ascending trendline and demand zones.
Key insight: ATH is being defended by structure → trend continuation remains the primary bias.
Trading Plan – MMF Style
Primary Scenario – Buy the Pullback Focus on patience, not chasing price.
BUY Zone 1: 4,984 – 4,970 (Former resistance turned demand + short-term rebalancing)
BUY Zone 2: 4,928 – 4,910 (Trendline confluence + deeper liquidity absorption)
➡️ Only execute BUYs after clear bullish reaction and structure confirmation. ➡️ Avoid FOMO at the highs.
Upside Targets (ATH Extension):
TP1: 5,085
TP2: 5,120+ (extension if momentum sustains)
Alternative Scenario If price holds above 5,085 without a meaningful pullback, wait for a break & retest before looking for continuation BUYs.
Invalidation A confirmed H1 close below 4,910 would weaken the current bullish structure and require reassessment.
Summary Gold remains in a controlled ATH expansion, supported by both structure and macro flow. The edge is not predicting the top, but buying pullbacks into demand while the trend is intact. As long as structure holds, higher prices remain the path of least resistance.
ASTRAL LIMITED cmp1383 moving towards 739 levels 52W lowAs per chat astral is not in any condition to give upward break out cmp 1383 and once support @1232 broken which highly likely to happen it will steep deep dive towards 739 levels which will be good level to buy for long term investment. Chart pattern invalidate if stock breaks R@1590
CDSL moving towards 998 and 838 from 1326 fresh 52W lowThis is good stock with no competitor in his segment but the current levels are bad and PE is 58+ which is not good time to invest from current levels 1326 it is expected to reach minimum 998 levels 1st then 838. This two levels are good for investment especially 838 levels.
HTF Bullish Context: Buy the Pullback, Not the Market Context
Gold remains in a strong higher-timeframe bullish structure.
Momentum is driven by sustained risk-off flows and persistent demand for safe-haven assets.
In this environment, pullbacks are opportunities, not signs of reversal.
Technical Structure (HTF → LTF Alignment)
Price previously confirmed a BOS (Break of Structure) to the upside.
The latest impulsive leg created a clear bullish FVG.
Current price is consolidating below 4,953, signaling a corrective pullback, not distribution.
Structure remains intact as long as price holds above the key demand zone.
Key Levels (Decision Zones)
Current high: 4,953
Discount pullback zone (FVG): 4,906 – 4,887
Deep support / structure low: 4,810
Upside projection (1.618): 5,061
Scenarios (If – Then)
Primary Scenario – Bullish Continuation
If price reacts and holds above 4,900
FVG is respected → continuation toward 4,953, extension to 5,061
Alternative Scenario – Deeper Pullback
If price loses 4,900
Expect a deeper retracement toward 4,810
Structure remains bullish unless HTF closes below 4,810
Summary
This is a trend continuation environment.
Chasing highs carries poor risk-reward.
Buy the pullback.
Respect the FVG.
Let structure do the work.
XAUUSD – Monday Focus: Buy the Dip Toward 5,020–5,043Market Context
Gold remains firmly supported by a bullish risk environment. The recent impulse leg confirms that buyers are still in control, while pullbacks are being absorbed rather than extended.
This is continuation behavior, not distribution.
The question for Monday is not if Gold is bullish —
but where the dip becomes opportunity.
Technical Structure (H1)
Market has already confirmed bullish BOS
Strong impulsive leg created multiple stacked FVGs below
Current price is consolidating above structure, not breaking it
Pullback is corrective in nature
This is a classic impulse → retracement → continuation setup.
Key Zones to Watch
Immediate resistance / BOS level: 4,969 – 4,970
Intraday BUY zone: 4,933 – 4,940
Upper FVG support: 4,920 – 4,899
Deeper demand (HTF): 4,860 – 4,880
As long as price holds above the upper FVG, bullish bias remains intact.
Scenarios (If – Then)
Scenario 1 – Bullish Continuation (Primary)
If price pulls back into 4,933 – 4,940 and holds
Buyers step in → continuation toward:
5,020
5,043 (1.618 extension)
Scenario 2 – Deeper Pullback (Alternative)
If price loses 4,933
Expect mitigation toward 4,920 – 4,899
Only a sustained H1 close below 4,899 would weaken the bullish structure
Summary
Gold is not overextended — it is rebalancing within a bullish trend.
The structure favors buying pullbacks, not chasing highs.
This is a dip-buying market until structure says otherwise.
Gold Trend and Scalping Strategy for 26th january 2026🟡 GOLD TRADING PLAN (Intraday)
📈 TREND TRADING STRATEGY
🔔 BUY SETUP
💲 Buy Above: High of 30-minute candle
📌 Condition: Candle must close above 5019
🎯 Targets:
Target 1: 5029
Target 2: 5039
Target 3: 5049
🛑 Stop Loss:
Below the 30-minute candle low or as per your risk management
📊 Logic:
Sustained price action above 5019 confirms bullish momentum
Suitable for trend-following traders
🔔 SELL SETUP
💲 Sell Below: Low of 1-hour candle
📌 Condition: Candle must close below 4963
🎯 Targets:
Target 1: 4953
Target 2: 4943
Target 3: 4933
🛑 Stop Loss:
Above the 1-hour candle high
📊 Logic:
Breakdown below 4963 confirms bearish continuation
Ideal for positional intraday trend trades
⚡ SCALPING STRATEGY
🔻 SCALPING SELL
📌 Area: Around 5019 resistance zone
🔔 Entry Rule:
Price moves near 5019,
15-minute candle gets rejected (wick / strong selling pressure),
Sell below the low of the rejected 15-min candle
🛑 Stop Loss:
Above the high of the rejected candle
🎯 Profit Booking:
5 to 10 points, OR
Trail stop loss for extended move
📊 Logic:
5019 acts as a strong supply zone
Best for quick momentum scalps
🔺 SCALPING BUY
📌 Area: Around 4963 support zone
🔔 Entry Rule:
Price approaches 4963,
15-minute candle shows rejection / buying support,
Buy above the high of the rejected candle
🛑 Stop Loss:
Below the low of the rejected candle
🎯 Profit Booking:
5 to 10 points, OR
Trail stop loss
📊 Logic:
4963 acts as a demand zone
Suitable for support-based scalping
⚠️ DISCLAIMER
🚫 This content is only for educational purposes
🚫 Not a buy/sell recommendation
🚫 Trading involves high risk
🚫 Please consult your financial advisor before trading
🚫 Trade strictly with proper risk management
Gold Trend and Scalping Strategy for 26th January 2026🟡 GOLD TRADING PLAN (Intraday)
📈 TREND TRADING STRATEGY
🔔 BUY SETUP
💲 Buy Above: High of 30-minute candle
📌 Condition: Candle must close above 5019
🎯 Targets:
Target 1: 5029
Target 2: 5039
Target 3: 5049
🛑 Stop Loss:
Below the 30-minute candle low or as per your risk management
📊 Logic:
Sustained price action above 5019 confirms bullish momentum
Suitable for trend-following traders
🔔 SELL SETUP
💲 Sell Below: Low of 1-hour candle
📌 Condition: Candle must close below 4963
🎯 Targets:
Target 1: 4953
Target 2: 4943
Target 3: 4933
🛑 Stop Loss:
Above the 1-hour candle high
📊 Logic:
Breakdown below 4963 confirms bearish continuation
Ideal for positional intraday trend trades
⚡ SCALPING STRATEGY
🔻 SCALPING SELL
📌 Area: Around 5019 resistance zone
🔔 Entry Rule:
Price moves near 5019,
15-minute candle gets rejected (wick / strong selling pressure),
Sell below the low of the rejected 15-min candle
🛑 Stop Loss:
Above the high of the rejected candle
🎯 Profit Booking:
5 to 10 points, OR
Trail stop loss for extended move
📊 Logic:
5019 acts as a strong supply zone
Best for quick momentum scalps
🔺 SCALPING BUY
📌 Area: Around 4963 support zone
🔔 Entry Rule:
Price approaches 4963,
15-minute candle shows rejection / buying support,
Buy above the high of the rejected candle
🛑 Stop Loss:
Below the low of the rejected candle
🎯 Profit Booking:
5 to 10 points, OR
Trail stop loss
📊 Logic:
4963 acts as a demand zone
Suitable for support-based scalping
⚠️ DISCLAIMER
🚫 This content is only for educational purposes
🚫 Not a buy/sell recommendation
🚫 Trading involves high risk
🚫 Please consult your financial advisor before trading
🚫 Trade strictly with proper risk management
Maruti Suzuki - A Solid OpportunityMaruti Suzuki has entered into short term bearish mode.
It is down nearly 7% from the top in last 2 weeks, confirming a strong downside momentum.
Structure: Playing Wave C, of 4 in short term.
Trend: Bearish
Also a clear divergence in RSI indicator at the top
Trade Setup: Short
Target: 15270/-
StopLoss: 16500/-
Notes
This is a classic Elliot wave pattern. Wave C generally moves fast.
⚠️ Disclaimer: Not financial advice. Manage risk properly.
Paytm - Is a Bearish Barrier Triangle Signaling a Deeper CorrectLooking at the 4H chart for One 97 Communications Ltd. (Paytm), Am seeing a classic consolidation pattern following a strong impulsive move. After completing what appears to be a 5-wave sequence (blue labels), the price action is now squeezing into a Barrier Triangle structure—a specific Elliott Wave pattern that often precedes a sharp "thrust" in the direction of the larger trend.
Wave B did an exactly 0.786 retracement.
Below 1260, its gonna be a straight fall to 1100 odd.
RSI already indicating a clear breakdown.






















