XAUUSD/GOLD CORRECTION BUY PROJECTION 29.01.26XAUUSD / Gold – Correction Buy Setup (29-01-2026)
Market View:
Gold is in a strong bullish trend. The current move is a normal correction, not a trend reversal.
Buy Zone:
Support S2 + Fair Value Gap (FVG)
0.618 Fibonacci Golden Ratio
Area around 5396 – 5400
Trade Plan:
Look for buy confirmation in the marked support zone.
Expect price to respect the uptrend line and move higher.
Targets:
First target: Resistance R1
Main target: 5600+
Stop Loss:
Below Support S2 / below recent structure low.
Xauusdidea
Elliott Wave Analysis XAUUSD – January 30, 2025
1. Momentum
Weekly timeframe (W1)
Weekly momentum is currently rising. With this condition, the market is likely to continue moving higher or remain sideways for at least the next 1–2 weeks.
Daily timeframe (D1)
Daily momentum is currently declining. This suggests that over the next 1–2 days, price may continue to fall or move sideways until D1 momentum reaches the oversold zone.
H4 timeframe
H4 momentum is compressed and overlapping in the oversold area. This indicates that the current bearish or sideways phase may continue, however, the probability of a bullish reversal on H4 is relatively high.
2. Wave Structure
Weekly Wave Structure (W1)
On the weekly chart, the five-wave structure (1–2–3–4–5) in blue is still forming.
Yesterday, price experienced a strong decline. However, to confirm that blue wave 5 has completed, price needs to produce a bearish close below the 4282 level.
At the moment, since W1 momentum remains bullish, this decline is more likely a corrective move within blue wave 5, rather than a completed top.
Daily Wave Structure (D1)
Daily momentum is declining, therefore price may continue to move lower or sideways for another 1–2 days until D1 momentum reaches oversold conditions.
Within the context of blue wave 5, price is likely forming yellow wave 4, which belongs to the internal 1–2–3–4–5 yellow structure of blue wave 5.
Once yellow wave 4 is completed, price is expected to resume its advance to form yellow wave 5, thereby completing blue wave 5.
From the RSI perspective, the previous rally reached extremely overbought conditions. This suggests that buying pressure remains strong enough to support at least one more push to a new high, potentially accompanied by bearish divergence at the top. This further supports the scenario that yellow wave 5 will form, and that the market is currently in yellow wave 4.
H4 Wave Structure
The current decline has already reached the 0.382 Fibonacci retracement of yellow wave 3.
From a momentum standpoint, D1 momentum is still declining, so in the near term, another 1–2 days of decline or sideways movement remain possible. Meanwhile, H4 momentum is compressed in the oversold zone, indicating a high probability of a bullish reversal on H4.
Therefore, the most likely scenario is continued sideways movement on H4, or a minor continuation lower before a bullish reaction develops.
RSI from the prior bullish leg remains in a strongly overbought condition, reinforcing the idea that the current decline is corrective in nature, and that the market may still form a new high afterward.
3. Trading Plan
Swing setups:
At this stage, there are no attractive swing positions, as the market is currently in the late phase of an extended wave, where price behavior becomes difficult to predict.
Additionally, today is Friday and also the monthly candle close, which significantly increases volatility risk. The appropriate approach is to remain patient and observe, waiting for D1 momentum to reach the oversold zone, at which point higher-probability swing setups can be considered.
GOLD (XAU/USD) – Bullish Continuation Toward Higher Highs🔍 Technical Analysis (H1):
Market Structure:
Gold remains in a strong bullish structure with clear higher highs & higher lows ✔️, firmly respecting the ascending trendline 📈.
Breakout & Momentum:
Multiple clean breakouts above previous resistance zones confirm strong buying pressure 💪. Each breakout is followed by healthy pullbacks, showing controlled bullish momentum.
POI → Pivot Support:
Previous POI zones have successfully flipped into support 🔄, and price is currently holding above the Pivot Point zone, which strengthens bullish continuation bias 🟢.
Current Price Action:
Price is consolidating above the pivot area, suggesting a brief pause before the next impulsive move higher ⏳➡️⬆️.
🎯 Upside Targets:
Target 1: 5,300 🎯
Target 2: 5,330 🎯🎯
Extended Target: 5,360+ 🚀 (if bullish momentum accelerates)
🛡️ Invalidation / Support to Watch:
Bullish bias remains valid as long as price holds above the Pivot Point zone. A break below may trigger a deeper pullback, not trend reversal ⚠️.
📌 Conclusion:
Overall trend is bullish, structure is healthy, and price action favors a continuation toward the marked target zone after minor consolidation 📦➡️🚀.
✨ Trade with the trend & manage risk wisely! 💼📊
XAUUSD/GOLD 15MIN SELL LIMIT PROJECTION 30.01.26XAUUSD (Gold) – 15 Minute Sell Limit Projection | 30-01-2026
Gold is currently moving in a higher-timeframe uptrend, but in the short term, price is showing signs of a pullback and potential rejection.
The marked sell limit zone is a strong resistance area formed by the 1-hour trendline and the 50% Fibonacci retracement level. This confluence increases the probability of a bearish reaction from this zone.
Trade Idea
Sell Entry: Near the 1H trendline + 50% retracement resistance
Stop Loss: Above the resistance zone (trendline break level)
Target: Previous demand / liquidity area around 5238
Market Expectation
Price may first move upward to test resistance, then reject and continue downward toward the target zone.
This setup is a retracement sell, not a trend reversal.
Risk Note
Always wait for price action confirmation on lower timeframes and manage risk properly, as gold volatility remains high.
Elliott Wave Analysis XAUUSD – January 29, 2026
1. Momentum
Weekly timeframe (W1)
– Weekly momentum is currently increasing.
– With the present strength on the weekly chart, there is a high probability that the uptrend will continue into next week.
→ Medium- to long-term bias remains bullish.
Daily timeframe (D1)
– Daily momentum is still “compressed” and overlapping.
– This condition shows that bullish pressure is still present and the uptrend remains intact.
H4 timeframe
– H4 momentum is rising but has already entered the overbought zone.
– This signals a high probability that we will soon see a corrective pullback or reversal on H4.
2. Wave Structure
Weekly Wave Structure (W1)
– On the weekly chart, we can clearly see the extension of wave 5.
– This phase represents a transition period driven by crowd psychology.
– Although the long-term trend remains bullish, the main issue at this stage is extreme volatility:
– A single H4 candle can fluctuate 400–500 pips,
– Making real trading execution significantly more difficult.
→ During this phase, observation should be the priority.
– The next major risk comes from the fact that crowd sentiment is becoming extreme.
– When the crowd returns to equilibrium, counter-trend moves tend to be sudden and very aggressive.
– On the other hand, weekly momentum still needs at least another week to reach extreme overbought conditions and potentially reverse.
→ Therefore, the overall bullish trend is still expected to continue.
Daily Wave Structure (D1)
– On the daily chart, the blue 5-wave structure remains valid and continues to unfold.
– The current blue wave 5 is expanding strongly.
– With D1 momentum still compressed, the bullish move may continue,
but at the same time, the risk of a daily momentum reversal is increasing.
H4 Wave Structure
– When price is in an extended wave, one of the main weaknesses of Elliott Wave theory becomes clear:
– Accurate wave labeling is extremely difficult during strong extensions.
→ Therefore, at this stage, H4 wave labeling should be treated as relative and for observation only.
– To refine our bias, we must rely on:
– The depth of price corrections,
– The time spent correcting,
– And the behavior of momentum.
– Observing H4 momentum, the bullish momentum rollover in the overbought zone suggests that the upward move is losing strength.
→ This increases the probability of sideways movement or a corrective decline on H4.
– However, when we look at RSI:
– The current overbought zone is stronger than previous ones,
– This indicates that the bullish force required to form new highs is still present,
– At least until a new high is formed with bearish divergence.
3. Trading Strategy
– Under current conditions, the most appropriate strategy remains:
👉 Wait for momentum reversals on H1 and H4 to BUY in line with the dominant uptrend.
– For now, patience is required while waiting for H4 momentum to return to the oversold zone.
– Once that occurs, we will shift focus to H1 to:
– Identify wave structures,
– Confirm momentum behavior,
– And define suitable price targets for BUY entries.
Why wait for H4 oversold conditions to BUY instead of SELL?
– Because the current uptrend is still very strong.
– Corrective moves at this stage may:
– Move sideways, or
– Decline unpredictably, making downside targets unclear.
→ Selling in this environment carries high uncertainty and elevated risk.
👉 Waiting for H4 to reach oversold conditions allows:
– A clearer trend structure to form on H1,
– And provides opportunities to enter BUY positions aligned with the higher-timeframe trend, with better risk control.
Elliott Wave Analysis XAUUSD – 28/01/2026
1. Momentum
Daily (D1)
– D1 momentum is still overlapping, indicating that the broader bullish move may continue.
– The prolonged overbought condition reflects excessive market enthusiasm, which also serves as a warning of increasing risk.
H4
– H4 momentum is approaching the overbought zone.
→ This suggests that a corrective move on H4 is likely to occur within the next few hours.
H1
– H1 momentum is currently overbought.
→ This indicates that short-term bullish momentum is weakening, and a corrective phase on H1 is likely before the trend resumes.
2. Elliott Wave Structure
Daily Wave Structure (D1)
– On the daily timeframe, we continue to see an extension of the blue Wave 5.
– This is understandable given the current global environment, where geopolitical and economic risks remain elevated, pushing capital flows into safe-haven assets such as gold and silver.
– However, this strong shift toward safe assets also highlights growing systemic risks within global economies.
– As mentioned last Sunday, historically, recent FOMC cycles have typically occurred during periods of consolidation or correction, followed by the start of a long-term bullish trend after the announcement.
– The key difference this time is that price has already rallied strongly ahead of FOMC. Therefore, today’s FOMC release may trigger significant volatility.
H4 Wave Structure
– As discussed in yesterday’s plan, the recent corrective move did not differ materially in size, duration, or target compared to previous corrective waves within the yellow Wave 3 structure.
→ This strongly suggests that the pullback was merely a sub-wave within yellow Wave 3, keeping the bullish structure intact.
H1 Wave Structure
– On H1, a black 5-wave structure appears to be forming inside yellow Wave 3.
– As previously stated, during an extended wave, assigning precise labels while price is still unfolding is extremely difficult and often impractical, especially under extreme market sentiment.
– However, one point remains very clear:
Looking back at previous overbought RSI conditions (highlighted on the chart), each corrective phase was followed by a new price high.
– Currently, RSI is once again deeply overbought, leading me to expect another upside push to form a new high after the correction, at least until a clear RSI divergence appears at the top.
3. Key Price Zones
– With H4 and H1 momentum preparing to turn bearish, we focus on lower support zones to look for buy opportunities in line with the dominant trend.
Potential support zones
– 5192
– 5101
Upper resistance
– On the upside, multiple Fibonacci projections from different wave structures converge around 5323.
→ This zone represents a strong resistance area.
4. Trading Plan
Buy setup zone 1
– Entry: 5193 – 5191
– Stop Loss: 5172
– TP1: 5249
– TP2: 5323
Buy setup zone 2
– Entry: 5102 – 5100
– Stop Loss: 4982
– TP1: 5192
– TP2: 5323
XAUUSD (Gold) 45-Minute Chart – Strong Bullish Continuation AbovTrend:
Gold is in a clear bullish trend. Price has made higher highs and higher lows, accelerating strongly on Jan 28 with a breakout and momentum expansion.
Market Structure:
Earlier consolidation zones (value areas) were broken to the upside, followed by acceptance above prior ranges.
The most recent move shows impulsive buying, suggesting institutional participation rather than a weak breakout.
Volume Profile (VCP):
Previous High Volume Nodes (HVN) around 5,080–5,120 acted as resistance, now flipped into support.
Current price is trading above the Point of Control (POC), which confirms bullish control.
Low volume above indicates price discovery, meaning less resistance overhead.
Key Levels:
Resistance: 5,270–5,300 (current highs / psychological zone)
Immediate Support: 5,120–5,100 (previous value area high)
Deeper Support: 5,020–4,980 (range low & demand zone)
Bias:
Bullish while above 5,100
Pullbacks into previous value areas are likely to attract buyers.
Trading Insight:
Best opportunities are buy-the-dip setups rather than chasing highs.
A rejection with high volume below 5,100 would be the first warning sign of a deeper correction.
Elliott Wave Analysis – XAUUSD | 27/01/2026
1. Momentum
Daily (D1)
– D1 momentum is currently compressing. This indicates that bullish pressure is still present; however, momentum has weakened, so a potential reversal risk exists.
→ The broader trend remains bullish, but strong corrective moves should be treated with caution.
H4
– H4 momentum is currently in the oversold zone.
→ This suggests that H4 is likely preparing to form a base and initiate a bullish reversal in the near term.
H1
– H1 momentum is currently declining.
→ In the short term, H1 may continue to correct for several more H1 candles before completing the pullback.
2. Wave Structure
Daily (D1) Wave Structure
– On the daily timeframe, price remains within a 5-wave structure (1–2–3–4–5) marked in blue.
– At this stage, blue wave 5 is extending, making it very difficult to precisely identify the termination point.
– In Elliott Wave theory, extensions reflect extreme bullish sentiment.
– When market psychology normalizes, the corrective move that follows is often sharp and aggressive.
→ Therefore, the current phase of XAUUSD requires a high level of caution.
H4 Wave Structure
– The corrective structure on H4 is expanding and developing multiple internal sub-structures.
→ As a result, accurate wave identification is not feasible until the structure is fully completed.
– For now, we rely on two key principles to define observation zones:
– Waves of the same degree often show similarities in time and price length.
– Waves within a structure typically maintain Fibonacci relationships with one another.
– Based on these principles, I am temporarily labeling a 1–2–3–4–5 structure in yellow on the H4 timeframe for monitoring purposes.
– Up to this point, the H4 correction remains consistent with the internal corrective waves within yellow wave 3.
H4 Scenario Monitoring
– If H4 momentum reverses upward and price breaks above the previous high, the market is likely still within yellow wave 3.
– Conversely, if the upcoming H4 rally fails to produce a new high, the probability increases that price is transitioning into yellow wave 4.
H1 Wave Structure
– On the H1 timeframe, an ABC structure has formed, and price is currently in a corrective rebound.
– However, at the present moment:
– H1 momentum has already turned bearish
– Price has failed to create a new high
→ Therefore, no immediate entry is warranted. We should wait for:
– H1 momentum to decline into the oversold zone
– At that point, a Buy setup can be considered based on:
– The ABC corrective structure on H1
– Alignment with the anticipated bullish reversal in H4 momentum
3. Target Zone
– A Fibonacci confluence zone from multiple waves is located around the 4957 price area.
→ This zone is considered the potential termination area for the current H1 correction.
– Regarding profit targets:
– We will continue monitoring subsequent momentum reversals on H1 and H4
– Once bullish momentum is confirmed, trade management will be handled in phases.
4. Trading Plan
– Buy Setup Zone: 4958 – 4955
– Stop Loss: 4937
– Take Profit Levels:
– TP1: 4978
– TP2: 5021
– TP3: 5060
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.
BTCUSD Daily Chart – Corrective Phase with Potential Trendline BPrice Structure:
Bitcoin is trading around $88,800, coming off a strong rejection from the $95k–$97k area. The broader structure since November shows a downtrend transitioning into consolidation, with recent price action respecting a rising diagonal trendline support (blue dashed line). Price is currently testing this trendline, making this a decision zone.
Trend & Key Levels:
Immediate Support: $87,500 – $88,000 (trendline + recent swing lows)
Major Support: $83,000 – $85,000 (range bottom / demand zone)
Immediate Resistance: $91,000 – $92,500
Major Resistance: $95,000 – $100,000
RSI (14):
RSI is around 41.7, below the 50 midline but above oversold. This suggests weak momentum, yet not exhaustion. No strong bullish divergence is confirmed yet, but downside momentum is slowing.
Awesome Oscillator (AO):
AO remains negative, though histogram bars are flattening. This indicates bearish momentum is losing strength, not yet reversed.
MACD (12,26,9):
MACD is still below the zero line with a bearish crossover, but the histogram is contracting. This often precedes either sideways consolidation or a potential bullish reversal if price holds support.
Overall Bias:
Neutral to cautiously bullish if the trendline holds.
A daily close below $87k would invalidate the trendline and open the door toward $83k–$80k.
A strong bounce with volume could target $92k → $95k initially.
Scenario Outlook:
Bullish Scenario: Trendline holds → RSI curls up → MACD histogram flips positive → move toward $95k+
Bearish Scenario: Trendline breaks → increased selling pressure → retest of $83k support zone
Conclusion:
BTC is at a critical inflection point. Momentum indicators are weak but stabilizing, suggesting a possible short-term bounce, though confirmation requires a strong bullish daily close above $91k. Until then, expect choppy price action near support.
GOLD (XAU/USD) – Bullish Continuation Toward Premium Zone🔍 Technical Analysis Breakdown
Market Structure: Clear bullish structure with higher highs & higher lows intact ✔️
Trendline: Price continues to respect the ascending trendline, confirming strong upside momentum 📈
Breakouts: Multiple confirmed bullish breakouts from consolidation and range zones 🔓
Volume: Strong bullish volume expansion during impulsive moves, validating institutional participation 💥
POI (Point of Interest): Repeated reactions from POI zones, acting as reliable demand areas 🎯
Pivot Point: The green pivot zone is holding as dynamic support after the pullback 🟩
Pullback: Current retracement is corrective and healthy, indicating accumulation before continuation 🔄
🎯 Targets & Trade Projection
Primary Target (TP1): 🟢 4,850 – 4,860
Extended Target (TP2): 🟢 4,890 – 4,920 (premium supply / liquidity zone)
Bullish Continuation Zone: Grey consolidation box → expected higher-low formation then expansion ⬆️
🛑 Invalidation / Risk Level
Bias invalidated below: ❌ 4,740 – 4,720 (High Pivot / trendline break)
✨ Trade Bias: Bullish Continuation
📍 Strategy: Buy pullbacks above pivot | Hold longs while trendline holds
📌 Key Message:
As long as GOLD holds above the pivot point + rising trendline, the path of least resistance remains upward toward the marked targets 🚀💰
Elliott Wave Analysis – XAUUSD | January 23, 2025
Momentum
– Daily (D1) momentum is still in a preparing-to-reverse phase, but there is no confirmed signal yet. Therefore, at this stage, we continue to wait for a daily candle close to confirm the reversal.
– H4 momentum is currently preparing to reverse to the downside, which suggests that on the H4 timeframe we may see a corrective bearish move in the coming sessions.
– H1 momentum is approaching the oversold zone, indicating that in the short term on H1, a corrective bullish move is likely to appear soon.
Wave Structure
Daily (D1) timeframe
– On D1, price remains within the blue wave 5 structure.
– Price has already reached the projected target zone, therefore today we need to closely monitor the possibility of a reversal, especially as D1 momentum is also preparing to turn.
H4 timeframe
– On H4, the orange wave 3 structure is still developing, with an internal five-wave structure in green.
– Currently, price is moving within green wave 5.
– Once green wave 5 is completed, price will complete orange wave 3 and is expected to transition into the corrective phase of orange wave 4.
H1 timeframe
– Within green wave 5, we can observe a five-wave purple structure (1–2–3–4–5), with price currently positioned in purple wave 5.
– Inside purple wave 5, the internal structure is likely forming five black waves (1–2–3–4–5).
– At this point, price may have completed black wave 3 and is preparing to form black wave 4.
– This scenario aligns well with H4 momentum preparing for a bearish reversal, reinforcing the corrective expectation.
Target Zone & Confluence
– The projected target for black wave 4 is currently estimated at the Fibonacci 0.382 retracement of wave 3, around the 4908 area.
– This zone is also my preferred buy area, especially with the confluence of H4 momentum moving toward oversold conditions.
Trading Plan
Buy Zone: 4909 – 4907
Stop Loss: 4889
Take Profit 1: 4929
Take Profit 2: 4957
Elliott Wave Analysis XAUUSD – 22/01/2026
1. Momentum
– D1 momentum is currently preparing to reverse, which warns that the market may enter a corrective phase or move sideways for at least several days. We need to wait for today’s daily candle close to confirm this signal.
– H4 momentum is preparing to reverse to the upside, signaling the possibility of a bullish move on the H4 timeframe today. This is an important move that needs to be closely monitored.
– H1 momentum is currently rising and approaching the overbought zone, indicating that the short-term bullish momentum is weakening. When H1 momentum enters the overbought area and reverses, a short-term corrective decline is likely to occur.
2. Wave Structure
D1 Timeframe
– On the daily timeframe, price is currently in the late stage of the blue wave 5.
– At the same time, D1 momentum is preparing to reverse, therefore we need to wait for today’s daily close for confirmation.
– If the D1 momentum reversal to the downside is confirmed, this would warn of a relatively extended corrective move following the D1 trend.
– In that scenario, price may:
– Move back inside the rising price channel
– Test the lower boundary of the channel
– Or even decline deeper toward the previous wave 4 base around 4276
– Therefore, we must anticipate and prepare for deeper corrective scenarios.
H4 Timeframe
– With yesterday’s decline, the current structure is likely forming orange wave 4.
– Using the 0.382 Fibonacci retracement of orange wave 3, the potential target zone for wave 4 is around 4667.
– At the moment, H4 momentum is preparing to reverse upward, signaling that a bullish move may appear today.
– This upward move is very important because:
– If H4 momentum reverses up and reaches the overbought zone
– But price fails to create a new high
– This would warn of a deeper corrective process on the higher timeframe.
H1 Timeframe
– On H1, price has already reached the target of the purple wave 4.
– However, there is currently a confluence of multiple wave 4 structures from higher timeframes, so caution is required.
– H1 momentum is preparing to move into the overbought zone, which warns of a potential decline within the next few hours.
– This decline creates an expectation that price may sweep liquidity below around 4737, which is the target zone for the Buy setup.
3. Expectations and Price Targets
– After the corrective move, the next bullish leg will be very important due to the overlap of multiple wave structures on higher timeframes, meaning volatility is expected to be significant.
– Therefore, profit targets should be set appropriately and managed flexibly.
– The most ideal target for the bullish move is the completion of purple wave 5 around 4959.
– However, as analyzed on the H4 timeframe:
– If momentum rises but price fails to break the previous high
– In that case, it is advisable to prioritize taking profits in this area, as it may signal the formation of wave 4 on the H4 timeframe, leading to a deeper decline.
4. Trading Plan
– Buy setup: 4738 – 4736
– SL: 4728
– TP1: 4758
– TP2: 4816
– TP3: 4870
XAUUSD/GOLD 30MIN BUY STOP PROJECTION 21.01.26Pattern: Symmetrical Triangle
Bias: Bullish breakout
Zone: Trendline + Fair Value Gap (strong demand area)
🔥 Next Move Expectation
✅ If price breaks and holds above the triangle resistance,
➡️ Strong upside rally is expected (Buy Stop setup).
🎯 Targets
Target 1: 4870
Target 2: 4875
Target 3: 4886 – 4888 (Major Resistance R2 zone)
🛑 Stop Loss
Stoploss: Below 4835 – 4840 support zone
➡️ If this breaks, downside continuation is possible.
XAUUSD 45-Minute Chart – Strong Uptrend with Overbought MomentumMarket Structure & Trend
XAUUSD is in a clear bullish trend, respecting a rising trendline on the 45-minute timeframe.
Price is making higher highs and higher lows, confirming strong upside momentum.
Recent candles show continuation strength, not a reversal pattern yet.
2. RSI (14)
RSI is around 75.8, firmly in overbought territory.
Multiple bearish divergence labels are visible:
Price makes higher highs
RSI makes lower or flat highs
This suggests bullish momentum is weakening, not that price must immediately fall.
Interpretation:
Overbought + divergence = risk of pullback or consolidation, especially near resistance.
3. Awesome Oscillator (AO)
AO is strongly positive (~88) and rising.
Green histogram dominance confirms bullish momentum is still active.
Slight flattening at the top hints momentum may be peaking.
4. MACD (12,26)
MACD line above signal line → bullish continuation
Histogram is positive but losing expansion, aligning with RSI divergence.
This often precedes pause or shallow correction, not an instant reversal.
5. Price Behavior
Price is still above trendline support
No decisive bearish engulfing or breakdown candle yet
Buyers remain in control, but late buyers face higher risk
XAU/USD – Bullish Range Breakout with Pivot Support | Target in Technical Analysis (H1):
📊 Market Structure:
Gold maintains a strong bullish structure with clear Higher Highs & Higher Lows ✅, perfectly aligned with the ascending trendline 📈.
📦 Range → Breakout:
Price consolidated inside a range 🔄 and then delivered a clean bullish breakout 💥, signaling accumulation and continuation strength.
🎯 POI (Point of Interest):
Multiple POI reactions 🟢 confirm aggressive buyer interest at demand zones, reinforcing bullish conviction.
🔁 Pivot Point Flip:
The marked pivot zone has flipped from resistance into strong support 🟩 — a textbook bullish continuation signal.
🕯️ Current Price Action:
Price is holding above the pivot point and consolidating bullishly, indicating acceptance at higher levels 📌.
🎯 Upside Target Projection
🎯 Primary Target: 4,750 – 4,760
(Liquidity zone & projected resistance)
🔄 Expected Path:
Minor pullbacks inside the grey zone 🔍 ➝ continuation toward the target 🚀
❌ Invalidation Level
⚠️ A strong H1 close below the pivot support (~4,690–4,700) would weaken the bullish bias and signal possible range re-entry.
Bias: 📈 Bullish Continuation
Trade Idea: 🧠 Buy pullbacks above pivot 🟢 | Aim for liquidity at highs 🎯🚀
Elliott Wave Analysis XAUUSD – January 21, 2026
Momentum
– Daily (D1) momentum is currently increasing, indicating that the bullish trend is still intact and the upward move has not yet finished.
– H4 momentum is compressing in the overbought zone. This shows that the uptrend is still being maintained; however, momentum has weakened and a potential reversal may occur at any time.
– H1 momentum has started to reverse, suggesting that a short-term corrective pullback on the H1 timeframe is likely.
Wave Structure
Daily (D1) Timeframe
– On the daily chart, price remains within the blue Wave 5 structure, with Wave 5 continuing to extend.
– The next key level to monitor is 4957, which corresponds to the 1.0 Fibonacci extension of the Wave 1–3 range.
H4 Timeframe
– The current rally is steep and impulsive, suggesting that price is likely moving within orange Wave 3.
– Inside orange Wave 3, we can clearly observe a five-wave structure (1–2–3–4–5) marked in green, as shown on the chart.
– According to Elliott Wave principles, once Wave 3 is completed, the market should enter a corrective phase forming orange Wave 4.
– It is important to note that H4 momentum is compressed in the overbought zone, signaling that while the bullish move may continue, momentum is weakening and reversal risk is increasing.
– However, since the blue Wave 5 is still extending, by principle we should not attempt to fade or counter-trade an extending wave.
H1 Timeframe
– Within the green five-wave structure, we can also identify a purple 1–2–3–4–5 structure, with purple Wave 3 currently extending.
– By principle, it is not advisable to project precise targets for an extending wave, as accuracy is typically very low.
– At this stage, the best approach is to remain patient and continue observing for additional confirmation, rather than taking aggressive sell positions while the bullish structure remains dominant.
XAUUSD/GOLD WEEKLY BUY PROJECTION 21.01.26Resistance R1: 4826.190
✅ Target Price 1: Around 4900 zone
✅ Target Price 2: Around 5000 zone
✅ Long-Term Resistance Target: 2.618 Fibonacci = 4996.920
🟩 Best Buy / Entry Zone
📍 Broken trendline + Resistance retest area
If price pulls back into this zone,
fills the Fair Value Gap (FVG),
and gives a strong bullish confirmation candle,
✅ then it becomes a high-probability buy entry.
🟥 Stoploss Area
📍 Stoploss should be placed below the Fair Value Gap / retest zone
Safer stoploss: below the last swing low.
Elliott Wave Analysis XAUUSD – January 20, 2026
1. Momentum
D1 Timeframe
– The D1 momentum has started to show signs of a bullish reversal. However, we still need to wait for today’s D1 candle close to fully confirm this reversal signal.
– If confirmed, the bullish trend is likely to continue.
– That said, since the reversal point is forming relatively close to the oversold zone, the upside potential of this move may be limited and expectations should be managed carefully.
H4 Timeframe
– H4 momentum is approaching the oversold area.
– If the current price action holds and we get a bullish H4 candle close, momentum will officially enter the oversold zone and may reverse upward.
– In that case, the bullish trend on the H4 timeframe will be reinforced.
H1 Timeframe
– H1 momentum is currently rising, indicating that the short-term bullish bias remains intact.
– Alternatively, price may continue to move sideways before a clearer direction emerges.
2. Elliott Wave Structure
D1 Wave Structure
– There is no major change in the D1 wave count.
– Price remains within the blue Wave 5.
– Combined with the emerging bullish reversal signal on D1 momentum, this suggests that Wave 5 may continue to extend higher.
H4 Wave Structure
– Within the blue Wave 5, the H4 structure consists of five yellow sub-waves.
– Price is currently moving inside yellow Wave 5.
– With H4 momentum preparing to reverse upward, yellow Wave 5 may continue its advance.
– However, special attention should be paid to the price channel: if price rises and then returns back inside the channel, it may signal that yellow Wave 5 has already completed.
H1 Wave Structure
– Inside yellow Wave 5, we can identify five purple sub-waves.
– At the moment, price is in the final stage of purple Wave 4 and preparing to enter purple Wave 5.
3. Targets & Key Price Zones
– Purple Wave 5 target: 4737
– From the Volume Profile, the 4641 – 4661 zone is a liquidity void (FVG).
– Price is currently being rejected from this area, indicating that 4661 is acting as a strong support level.
– By combining strong support from the FVG zone with H4 momentum approaching oversold and preparing for a bullish reversal, this area becomes a high-quality zone to look for Buy opportunities targeting the completion of Wave 5.
4. Trading Plan
– Buy Setup: 4667 – 4665
– Stop Loss: 4647
– Take Profit 1: 4687
– Take Profit 2: 4737
XAUUSD/GOLD 4H SELL LIMIT PROJECTION 20.01.26Resistance / Sell Zone
4755.588 = RESISTANCE ATH (Main sell area)
✅ Entry Plan
SELL LIMIT around 4750 – 4756
Only take sell if price obeys trendline (rejection / wick / bearish candle)
🟩 Targets (Support Zones)
TP1: ~4700 (Day Low Support S1)
TP2: ~4666.195 (Day Low Support S2)
🛑 Stop Loss
Above ATH zone: ~4779.491
🧠 Trade Logic (Simple)
Price is in an up channel but reached ATH resistance.
So expectation: pullback move down to daily supports.
Risk Ratio: 1:4 (as marked)
XAUUSD/GOLD 1H BUY PROJECTION 20.01.261) Market Structure
Price is inside a 4H Uptrend Channel
Trend is clearly bullish (higher highs + higher lows)
2) Pattern Confirmation – Three White Soldiers
3 continuous strong bullish candles
Shows institutional buying momentum
Usually comes after accumulation → breakout
3) Best Entry Zone
📌 Marked as: “ENTRY WITH FAIR VALUE GAP”
Price created an imbalance (FVG) while pumping up
Smart entry is always retest of FVG
✅ That’s the safest buy zone
XAUUSD/GOLD 15MIN BUY PROJECTION 20.01.26Market Structure
Bullish continuation pattern formed
Clear BOS (Break of Structure) confirming buyers strength
Support Zones
Day Opening acting as Support
Day Low Support (S2) – strong demand base
Resistance
Yesterday High acting as Resistance
Price is trying to break & hold above this level
Entry Plan
✅ Entry only AFTER RETEST
Wait for price to retest the breakout zone
Confirm with bullish candle / rejection wick
Targets
🎯 Target Zone: Top green box area
Expect price to push higher towards target price zone
Stoploss
🛑 Stoploss Zone: Red box
Below retest support area / below structure low
🎙️ NARRATION (For YouTube / Telegram)
“XAUUSD Gold 15-minute chart shows a strong bullish continuation setup.
We got a clear break of structure, confirming buyers are in control.
Day opening is acting as support and day low support zone is holding strongly.
Right now price is approaching yesterday’s high resistance, so the best plan is to take entry only after a clean retest of the breakout zone.
Once the retest confirms with bullish rejection, we can expect price to continue upside towards the target zone.
Stoploss will remain below the retest support to protect the trade.”
If you want, I will also make this into short 15-sec voice style script for YouTube Shorts 🎬






















