The major trend is apparently still upward for #XAU
The larger structure from early 2025 into the 2026 highs is clearly impulsive, with strong momentum, steep slope, expanding ranges and persistent higher highs.
That usually means the dominant trend remains bullish unless decisively broken.
However, the recent structure looks corrective since the spike top around $XAU 5600. Price action became overlapping and messy, volatility increased, momentum weakened and #RSI failed to regain strong bullish territory which generally suggests consolidation, triangle/range behaviour or a larger degree correction.
But importantly:
I do NOT yet see a completed major bearish reversal structure.
We have likely seen a completed wave 4 triangle/consolidation, followed by the strong wave 5 advance higher.
So we either have a Bullish scenario (currently slightly favoured)
The recent decline from the 5600 area is:
an ABC correction,
or complex sideways correction,
before another push upward with continued consolidation between $GOLD 4400–4900
then eventual breakout higher toward a retest of high the ATH with possibly 5800–6200 later.
Alternatively in a Bearish scenario
A larger top may be forming IF 4,400 breaks decisively,
followed by impulsive downside continuation.
Then possibilities become 4100 or even 3900
But currently the #GOLD chart still looks more corrective than impulsively bearish imo
Entry4,521.0000
Outcome3,990.3000
Target5,800.0000
Return-11.74%
AI summary
AI detected a bullish price target call on GOLD toward 5,800.0000 over medium term. Current outcome: Miss.
The tweet predicts a bullish scenario for GOLD with a corrective phase followed by a push upward to retest all-time highs around 5800-6200. The first expected move is upward after consolidation, making the direction bullish with a price target of 5800.
The #BTC rally from the February low toward May looks more like a 3-wave advance than a clean 5-wave impulse.
That increases probability that:
the rise is corrective,
and another decline could indeed follow.
Potentially ......
Larger A down completed in February
B wave rally into May
C wave lower now beginning
Bullish invalidation
If $BTC impulsively reclaims and sustains: 82–85k, then the bearish case weakens considerably.
Bearish confirmation
If BTC breaks: 73–74k decisively, then probability increases sharply for:
68k
64k
potentially 58–60k
This aligns with .......
Prior support
Fib retracement territory
and possible C-wave symmetry.
RSI failed to regain strong bullish territory over 70
and is now rolling over near the midline and this often occurs during:
bear rallies,
B waves,
or distributive ranges.
Entry76,981.1250
Outcome68,000.0000
Target68,000.0000
Return+11.67%
AI summary
AI detected a bearish price target call on BTC toward 68,000.0000 over medium term. Current outcome: Hit.
The tweet predicts a likely decline in BTC price if it decisively breaks 73-74k, with targets at 68k, 64k, and potentially 58-60k, indicating a bearish directional price target in the medium term.
According to cycle analysis and taking into account #Bitcoin Halving cycle, a low in $BTC is expected October or November 2026
We will just follow the waves but that does broadly fit with our wave analysis expectations https://t.co/r59N1kf8Io
Entry76,981.1250
Outcome62,668.0195
Target—
Return+18.59%
AI summary
AI detected a bearish directional call on BTC. Current outcome: Hit.
The tweet predicts a low in BTC price around October or November 2026 based on cycle and wave analysis, implying a bearish directional move to a low point by that time.
From the local high of $BTC 82,833 we have 5 waves down which is EITHER wave 1 OR wave A
So the movement down is either just an ABC correction to around the 78k level OR it's the beginning of an impulse down for #BTC which would head much lower.
So either way, at least short term direction is down
Entry80,477.4922
Outcome76,750.9063
Target78,000.0000
Return+4.63%
AI summary
AI detected a bearish directional call on BTC toward 78,000.0000 over short term. Current outcome: Hit.
The tweet predicts a short term downward movement for BTC either as an ABC correction to around 78000 or the beginning of a larger impulse down, indicating bearish direction with a target price near 78000.
I asked Claude Ai - "what are the chances of a 2008 style market crash this year?"
It said, that a Healthy correction is most likely.
#SPX pullback to ~6,200–6,500
i.e. -10% to -15%
Then continuation
Normal bull market behaviour with higher to go in this 5th wave.
On this basis likely #BTC higher also
Entry7,200.7500
Outcome7,483.2400
Target6,200.0000
Return-3.92%
AI summary
AI detected a bearish price target call on SPX toward 6,200.0000 over this year. Current outcome: Pending.
The tweet predicts a pullback (correction) in SPX to around 6,200–6,500, which is a 10-15% decline, indicating a bearish price target within this year.
I would be very surprised to see the dotted line resistance overhead broken at $BTC 80,537
Not to say it cant happen but it does represent a perfect risk/reward barrier for me, where you could short with a stop loss just above. Alternatively, if the resistance breaks and #BTC moves higher then you could go long with a stop below.
Both other good risk/reward and you could actually trade both scenarios
Entry78,657.2500
Outcome80,537.0000
Target80,537.0000
Return+2.39%
AI summary
AI detected a bullish support resistance call on BTC toward 80,537.0000. Current outcome: Hit.
The tweet predicts that the resistance at $80,537 is unlikely to be broken initially, suggesting a bearish move (short) first. It also mentions a possible bullish move if resistance breaks, but the first expected move is bearish at the resistance level.
#XAU following expectations - The BIG question is whether the move down is corrective ABC, or impulsive 123, which would mean much lower to go.
Either way $GOLD would be expected to fall below $XAU 4,100 and at that time we should be in a much better position to decide the EW count
Entry4,545.2002
Outcome4,100.0000
Target4,100.0000
Return+9.80%
AI summary
AI detected a bearish price target call on GOLD toward 4,100.0000. Current outcome: Hit.
The tweet predicts GOLD will fall below 4100, indicating a bearish price target and a downward move as the first expected price action.
I was asked to post #WIF recently.
It appears to be in terminal decline and hopes for revival would depend on:
Meme cycle revival which could give high upside but has low probability in the current climate.
Triggers to watch for -
Volume returning
Meme sector rotates (#BONK/#PEPE type flows)
Break above $WIF 0.20
Then fast move to $0.30–0.50
If momentum builds even $0.60+ possible
BUT CHANCES ARE LOW imo
Entry0.1783
Outcome0.1726
Target0.3000
Return-3.18%
AI summary
AI detected a bullish price target call on WIF toward 0.3000. Current outcome: Pending.
The tweet predicts a potential bullish move for WIF if certain triggers occur, with a first target price range of $0.30–0.50 after breaking above $0.20, although the chance is considered low.
I have been calling for #BTC to tun lower from about $BTC 80k and we reached 79,500 which IS close enough BUT I would still PREFER a final little push higher to just surpass 80k (when I would jump in with short)
I tend to be more cautious when shorting and will not DCA but just take one small position if we achieve target
Entry77,455.3125
Outcome80,000.0000
Target80,000.0000
Return+3.29%
AI summary
AI detected a bullish price target call on BTC toward 80,000.0000. Current outcome: Hit.
The tweet predicts a final push higher to surpass 80k before shorting, indicating a bullish move to that price target.
#BTC target in sight at the 100% extension of the A wave @ $BTC 80,500
IF we see a push above #RSI 70 level then we would have bearish divergence from the Jan 14th High. https://t.co/X7VCzW7WGa
Entry78,203.1016
Outcome80,500.0000
Target80,500.0000
Return+2.94%
AI summary
AI detected a bullish price target call on BTC toward 80,500.0000. Current outcome: Hit.
The tweet predicts BTC reaching a target price of $80,500, indicating a bullish price target.