Elliott Wave Update – Is Wave 2 Complete?

Wait 5 sec.

Elliott Wave Update – Is Wave 2 Complete?GoldOANDA:XAUUSDElliotXSolanaXAUUSD We're currently in an ABC correction following our Wave 1. Potentially, Wave C is already completed, which would mean that Wave 2 has found its top. ❗ Why do I say potentially? Because there's still a chance we could see a higher high before the real drop begins. However, based on the current structure, I believe the top is in ✅ ⚠️ Key Confirmation – White Trendline 📉 If we break below the white trendline, it confirms the end of Wave 2. Then I expect a 5-wave move down: ➡️ (1) - (2) - (3) - (4) - (5) 📈 If the trendline holds, we might still see a higher Wave 2 before reversal. 📏 Fib Zones are marked on the chart for confluence and targets. Let’s see how price reacts in the coming hours. A confirmed breakdown would set the stage for the next impulse ⚡