Chiến thần ELLIOTT JACKYCHINH

GOLD VIEW – H4 update 6:30 AM on 03/05/2026
The latest H4 candlestick is quite clear that gold is still on the downward path, with no signs of a trend reversal.
After a bounce up around 4.66x, the price got rejected and quickly turned back. Looking closely at this segment, the buying pressure is noticeably weak, unable to sustain the upward movement, and then it got sold down immediately. This type of bounce is typically just a technical retracement, not a reversal. (Last weekend, the DXY index also had a significant impact on gold, along with the news of the FED maintaining interest rates.)
Currently, the price hovers around 4.61x. It just created a slight bounce, but it’s not enough structure to suggest it will go up further. The 4.66x – 4.70x zone above remains a near resistance; as long as it’s not broken, the downside potential is still intact. My main scenario remains, folks!
The trend is still down → priority is to sell.
If there’s a bounce back up around 4.65x – 4.68x and it’s weak → look for short opportunities.
If the price breaks below the 4.51x zone → there’s a chance it will drop deeper.
Targets:
Near: 4.51x – 4.38x
Further: there’s still a chance to return to the 4.1xx zone if the downtrend persists.
Key levels:
4.88x: invalidation zone – hasn’t been touched again, so the sell setup is still valid.
4.66x: near resistance, testing the buying pressure.
4.51x: short-term low, a break here could lead to a quick drop.
To be honest, the current price action feels like a “bounce just for show before dropping again.” Anyone familiar with structure will see there’s no genuine upward strength. Bottom-fishing at this point is a bit risky. Just be patient, wait for a nice bounce before entering; no need to trade constantly. The market is moving slowly but with a clear direction – just need to align with the right side to be fine. Wishing everyone a PEACEFUL weekend! #elliottwaves #Vàng #XAUUSD❤️ $XAU

GOLD VIEW – H4 update 16:15 on 28/04/2026
To keep it short, across the cycles, gold is clearly weakening, no longer experiencing those immediate bounces like before.
After failing at the 4.88x zone (the invalidation point), the price reversed and has been trending down quite neatly. Since then, it's been a sideways drift downwards, looking like it’s moving horizontally, but in reality, it's being pushed down in small increments. Lower highs are forming, and the recovery strength is dwindling. (I’ve shared this in videos and live sessions with charts showing a sideways DOW gently trending down, recovering, and gently moving down...!
Currently, the price is hovering around the 4.62x zone – this is a very sensitive area. If it holds, we might see some more sideways action. But if it decisively breaks down, the chances are high we’ll continue the downward move.
The scenario I’m looking at: Shorting remains the primary strategy, no need for much debate.
If there’s a bounce back up to around 4.70x without a strong break → prioritize setting up for another sell.
If the price breaks below the current zone → the near target is 4.55x, and deeper is 4.37x.
Key points to note:
4.70x: weakness zone – if it bounces back here without strength, it’s a great sign to re-enter.
4.55x: near target, likely to react.
4.37x: deeper target if the downward momentum expands.
4.88x: if this zone breaks, the bearish scenario is considered invalid.
Strategy suggestions for the crew:
This is not the time to catch the bottom. The price is moving in a slow but steady “bleeding” manner. For those experienced in trading, be patient and wait for a bounce to short; don't fomo halfway through.
The market isn’t quick right now but is very “uncomfortable”; those who are impatient can easily get slapped. Patience is the biggest advantage at this moment. I’ll be updating short-term VIEWS, like M5, M15, M30, H1, or entry points for those looking to ride the waves. For anyone wanting to join, FOLLOW me! #elliottwaves #Vàng $XAU