XAU/USD: Elliott Wave Analysis and Forecast for 13.11.26–20.11.26

Major Takeaways Main scenario: Consider short positions from corrections below the level of 4,145.15 with a target of 3,593.00–3,127.70. A sell signal: the price holds below 4,145.15. Stop Loss: above 4,215.00, Take Profit: 3,593.00–3,127.70. Alternative scenario: Breakout and consolidation above the level of 4,145.15 will allow the asset to continue rising to the levels of 4,381.26–4,708.00. A buy signal: the level of 4,145.15 is broken to the upside. Stop Loss: below 4,075.00, Take Profi