Finance
Gold (XAU/USD) - Weekly Elliott Wave Analysis
Henrik Zeberg · Elliott Wave 2.0
Aug 24, 2026 · 1 min listen · Last updated August 24, 2026
Summary Gold completed a five-wave advance from the 2022 low at 1,612 into the top at 5,420. That high is labeled Wave 1 of one degree higher, and the market is now working through Wave 2 - an A-B-C correction projected to terminate in the 3,000 - 3,450 zone before Wave 3 launches toward new highs well beyond 6,000.
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Gold (XAU/USD) - Weekly Elliott Wave Analysis
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