XAU/USD: Elliott Wave Analysis and Forecast for 14.03.25 – 21.03.25
Major Takeaways Main scenario: Consider long positions from corrections above the level of 2830.00 with a target of 3200.00 – 3500.00. A buy signal: the price holds above 2830.00. Stop Loss: below 2800.00, Take Profit: 3200.00 – 3500.00. Alternative scenario: Breakout and consolidation below the level of 2830.00 will allow the pair to continue declining to the levels of 2527.63 – 2278.00. A sell signal: the level of 2830.00 is broken to the downside. Stop Loss: above 2860, Take
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