The corrective wave (2) is forming a Zigzag pattern. We are now in the final phase of the decline in wave C to complete the pattern. Wait for wave C to finish before looking for an opportunity to rejoin the uptrend.

Gold price (XAU/USD) oscillates in a range following the previous day's late pullback from the $2,665 resistance zone as traders keenly await FOMC meeting Minutes.

Asian stock markets exhibited a mixed performance on Wednesday, as strong US economic data clouded the outlook for rate cuts in 2025.

Short Term Elliott Wave view in Nasdaq suggests rally to 22454.7 ended wave ((3)). Pullback in wave ((4)) is now in progress as a zigzag Elliott Wave structure.

Tuesday’s opening bell on Wall Street was accompanied by a series of robust economic reports from the United States.

Markets made a big move lower this afternoon, telling us to look for 2 specific setups tomorrow morning.