XAU/USD: Elliott Wave Analysis and Forecast for 06.06.25 – 13.06.25

Major Takeaways Main scenario: Once the correction ends, consider long positions above the level of 3125.72 with a target of 3600.00 – 3800.00. A buy signal: the price holds above 3125.72. Stop Loss: below 3080.00, Take Profit: 3600.00 – 3800.00. Alternative scenario: Breakout and consolidation below the level of 3125.72 will allow the pair to continue declining to the levels of 2950.00 – 2825.40. A sell signal: the level of 3125.72 is broken to the downside. Stop Loss: above 3