XAU/USD: Elliott Wave Analysis and Forecast for 11.09.26–18.09.26

Major Takeaways Main scenario: Once the correction has been completed, consider long positions above 4,174.78 with a target of 4,900.00–5,610.00. A buy signal: the local correction ends and the price settles above 4,174.78. Stop Loss: below 4,105.00, Take Profit: 4,900.00–5,610.00. Alternative scenario: Breakout and consolidation below 4,174.78 will allow the asset to continue declining to the levels of 3,954.50–3,720.00. A sell signal: the level of 4,174.78 is broken to the do