@slp.charts: 🟡 XAUUSD on the 4-hour chart: a short bounce, then one more drop? 👀 Gold trades at $4,135.3. ⏱️ 4-hour chart (4H) Elliott Wave scenario: • Gold fell in five waves to the low (a). Now a bounce (b) may be running. • After (b), gold could drop once more in (c). That may end the bigger drop ⓨ of Z. 📚 Learning: After five waves down, a bounce often comes before the next drop. Follow for more analysis: 🇬🇧 @slp.charts 🇩🇪 @wellencharts 💬 Does gold drop again after this bounce? Tell us in the comments. Save this post and compare it with the real price later. 📊 Charts by TradingView ⚠️ This content is provided for educational and informational purposes only and reflects a personal market analysis based on Elliott Wave Theory. It does not constitute investment advice, financial advice, or a recommendation to buy or sell financial instruments. #slpcharts #xauusd #gold #elliottwave #commodities

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Thursday 05 November 2026 18:05:08 GMT