GOLDEN OPPORTUNITY IN GOLD & SILVER | Elliott wave analysis of GOLD and SILVER | Oct 24 2026
1 extracted signal · 0 resolved · 1 still active
elliott wave principleIndependent analyst profile- Source published
- 24 Oct 2026, 07:31 UTC
- Recorded by Tahlil Plus
- 24 Oct 2026, 10:53 UTC
AI-generated source summary
The analysis focuses on the long-term Elliot Wave patterns for XAGUSD (Silver) and XAUUSD (Gold). For XAGUSD, the pattern suggests a completion of wave 4 around the current price levels, with an expected upward movement towards a fifth wave target. The previous significant high from 2011 is a key reference point. The analysis identifies a support zone near $21 and expects a move towards $30, with the fail bound set slightly below the current support. For XAUUSD, the analysis highlights a completed wave II correction and a strong bullish impulse in wave III, which is expected to continue. The identified channel suggests significant upside potential, with a target projected for wave V. The current price is seen as a strong buying opportunity with a stop loss below $1700, targeting over $2500.
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