GOLD (XAUUSD) – Weekly Elliott Wave Analysis - DEC 2025

Wave 3 near exhaustion | Major Wave 4 retracement zone highlighted | Final Wave 5 potential

Gold is currently trading around $4,251 and showing signs of a potential Wave 3 completion, approaching long-term rising channel resistance.

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🎯 Upside Targets (Wave 3 & Wave 5 Projection)

Major resistance and target zones ahead:

Wave 3 Target Zones

• $4,384

• $4,934

• $5,200 – $5,413 zone

If price continues with impulsive strength, we may see a brief spike into the resistance.

Long-term Wave 5 Target Zone

• $6,050 – $7,082 – $8,110
  (Massive long-term Fibonacci expansion & channel resistance region)
  This region represents end of Cycle Wave 5 over next 2–3 years.

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🔄 Correction Possibility – Wave 4

A correction is healthy and expected.
Potential Wave 4 accumulation zone:

• $4,093

• $3,910

• $3,750

• $3,593 – $3,355 demand cluster

• $3,119 (deep correction alternative)

Zone marked as “ALT 4” on the chart.

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📍 RSI Momentum

• RSI = 74.6 (Weekly) – Overbought region

• Suggests cool-off correction before next rally

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📈 Trend Summary

Parameter	Status
Long-Term Trend	Strongly Bullish
Current Elliott Phase	Wave 3 finishing / Wave 4 expected
Best Strategy	Buy on dips, accumulate in correction zone
Final Wave 5 Target	$6,050 – $8,110

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🧠 Trading Plan

✔ Long-term investors: accumulate in Wave 4 zone
✔ Traders: wait for reversal confirmation
⚠ Avoid chasing tops near resistance

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💬 Your Opinion

Do you expect:

A correction to Wave 4 zone first?

OR

A final spike to $4,934 / $5,413 before correction?

Drop your view below! 👇

https://in.tradingview.com/chart/XAUUSD/23qkzxow-GOLD-XAUUSD-Weekly-Elliott-Wave-Analysis-DEC-2025/