XAU/USD: Elliott Wave Analysis and Forecast for 18.09.26–25.09.26

Major Takeaways Main scenario: Consider long positions from corrections above 4,233.40 with a target of 4,900.00–5,610.00. A buy signal: the price holds above 4,233.40. Stop Loss: below 4,165.00, Take Profit: 4,900.00–5,610.00. Alternative scenario: Breakout and consolidation below 4,233.40 will allow the asset to continue declining to the levels of 3,954.50–3,720.00. A sell signal: the level of 4,233.40 is broken to the downside. Stop Loss: above 4,300.00, Take Profit: 3,954.5