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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.

Author

Juan Maldonado

Juan Maldonado

Elliott Wave Street

Juan Maldonado has a University degree in Finance, and Foreign trade started his trading career in 2008. Since 2010 has been analyzing the markets using Elliott Wave with different strategies to spot high probability trades.

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