Gold (XAUUSD) is currently bullish GoldOANDA:XAUUSDTeerasak_Tanavarakul📊 XAUUSD Analysis: Elliott Wave + Cycle Timing Reveal Key Turning Points Ahead This analysis combines Elliott Wave Theory with Cycle Timing to identify high-probability price zones, structural transitions, and critical reversal points for gold (XAUUSD) as we approach Q4 2025. 🔎 1) Elliott Wave Structure (Primary Count) Based on the chart setup, the Impulse Wave (1–5) and Corrective Wave (a–b–c) have already been clearly mapped. - Previous Cycle (2024–Early 2025): Completed Impulse Wave ①–⑤, followed by a corrective a–b–c structure forming Wave (2) - Current Cycle (Mid 2025): Price action is entering Wave (3), typically the strongest and most extended wave in the sequence Within Wave (3), a developing substructure of 1–2–3–4–5 is emerging, suggesting bullish momentum is building 🔎 2) Cycle Timing Analysis From the cycle arcs drawn on the chart: - Major bottoms tend to occur every 4–5 months, consistent with the visual cycle rhythm - The next projected Cycle Low is expected around October 9, 2025, which could act as a key inflection point—either a deep low or a launchpad for further upside, depending on wave structure MACD analysis supports this: - Historical MACD crosses near the zero line often coincide with Cycle Lows - Currently, MACD is hovering near zero, indicating a build-up phase—potentially ahead of a breakout 🔎 3) Key Price Levels (Elliott + Fibonacci) Using Fibonacci extensions from Wave (1) to Wave (2), we can estimate targets for Wave (3) and Wave (5): Support Zones: - $3,200 → Cycle support + sub-wave (4) low - $2,950–$3,000 → Deeper correction zone if Wave (4) extends Resistance / Target Zones: - $3,600 → 0.618 Fibonacci extension of the prior impulse - $3,800–$4,000 → Full 1.0 extension and projected top of Wave (5) 🔎 4) Structural Scenarios Primary Scenario (Bullish Continuation): - Price is currently in sub-wave (3) of the larger Wave (3) - Likely to accelerate toward $3,600, followed by a brief consolidation (sub-wave 4), then a push toward $3,800–$4,000 Alternative Scenario (Deeper Correction First): - If price breaks below $3,200, it may signal that the larger Wave (4) is still unfolding - This could lead to a retest of the $3,000–$2,950 zone before resuming the uptrend 📌 5) Key Reversal Levels to Watch - Above $3,430 → Confirms entry into bullish Wave (3) - Below $3,200 → Signals deeper correction; wait for Cycle Low confirmation - October 9, 2025 → Critical Cycle Turning Point; monitor price action closely near this date ✅ Summary Gold (XAUUSD) is currently entering Wave (3) of a major bullish cycle, with upside targets at $3,600, and potentially $3,800–$4,000 if momentum continues. - As long as price holds above $3,200, the bullish structure remains intact - The Cycle Low on October 9, 2025 will be a pivotal moment—either confirming continuation or signaling a deeper correction before the next major rally