📊 Gold (XAU/USD) – Short-Term Analysis
🌊 According to Elliott Wave theory, gold is currently completing corrective Wave 4 🔄
Once this correction wraps up, the bullish trend is expected to resume 📈
🎯 Upside Targets:
🔹 Target 1: $4325
🔹 Target 2: $4355
📌 As long as the Wave 4 corrective structure holds, the bullish scenario toward these targets remains valid ✅
📰 Fundamentals:
💵 A strong dollar and a cautious Fed stance are weighing on gold, but steady central bank buying and geopolitical tensions continue to support it ⚖️🌍
⚠️ This analysis is shared for informational purposes only and is not financial advice.