XAU/USD: Elliott Wave Analysis and Forecast for 13.02.26–20.02.26

Major Takeaways Main scenario: Once the correction ends, consider long positions above 3,873.00 with a target of 6,000.00–6,500.00. A buy signal: the price holds above 3,873.00. Stop Loss: below 3,873.00, Take Profit: 6,000.00–6,500.00. Alternative scenario: Breakout and consolidation below the level of 3,873.00 will allow the price to continue declining to the levels of 3,260.15–2,533.55. A sell signal: the level of 3,873.00 is broken to the downside. Stop Loss: above 3,873.00