Trading opportunities this week: EUR/USD, SPX500, and XAU/USD in focus [Video]
|The financial markets open the week with highly attractive technical setups in three of the most closely watched instruments: EUR/USD, SPX500, and XAU/USD. Elliott Wave analysis reveals structures that could anticipate significant moves in the coming days.
EUR/USD and SPX500: Corrective waves in play
Both EUR/USD and SPX500 are currently developing corrective waves. The pullback remains active, suggesting that short-term downside pressure may continue. However, according to Elliott Wave Theory, once the correction is complete, traders may look for buying opportunities with a high probability of success.
XAU/USD: A textbook reversal pattern
XAU/USD (Gold) shows one of the clearest structures this week. The corrective bearish phase has ended, and the market appears to be preparing for a new bullish cycle. This setup makes gold one of the most attractive instruments to monitor closely.
Strategy and key levels
In this week’s video, Juan Maldonado explains the step-by-step strategy and highlights the most important levels for each instrument. Using Elliott Waves as a decision-making tool, traders can identify high-probability opportunities within the market’s seemingly chaotic cycles.
The analysis of EUR/USD, SPX500, and XAU/USD once again demonstrates the value of Elliott Wave Theory as a reliable guide for trading decisions. Spotting the end of corrections and recognizing reversal structures can make the difference between a winning trade and an unnecessary loss.
Watch the full video to see the detailed analysis and prepare your trading plan for this week.
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