2026-01-09 12:28:32

XAU has completed 5 waves off the lows from last week. The price structure is now displaying what appears to be a fifth wave diagonal pattern—a classic Elliott Wave formation that often signals a potential trend reversal or significant move ahead. This type of diagonal typically forms in the final stage of a larger impulse wave, suggesting traders should monitor key support and resistance levels closely. The technical setup warrants attention for those tracking precious metals movements in the current market environment.

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fork_in_the_road

· 13h ago

The gold diagonal is about to break through, stay alert.

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airdrop_whisperer

· 01-09 12:57

Coming back to Elliott Waves? Is the five-wave diagonal of this gold move really about to reverse? I'm a bit confused.

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CommunitySlacker

· 01-09 12:52

Elliott Wave is back again, claiming that a reversal is imminent every time. But what happened? Gold is still fluctuating as usual. I just want to ask, who has really made money relying on this?

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GetRichLeek

· 01-09 12:51

It's another diagonal, huh? Last time I heard this saying, I went all in immediately, and ended up being trapped for two months... Now I'm a bit scared.

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FlashLoanKing

· 01-09 12:49

Did you take all the profits on the diagonal? Gold is about to reverse this wave, keep an eye on the support level to avoid getting trapped.

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ReverseTrendSister

· 01-09 12:43

Is gold about to reverse again? Every time I hear about diagonals, I think of the last time I got trapped. Maybe I should wait for a breakout before jumping in.

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ZenMiner