13d • Charts + Analysis 📈📊
Gold - Is wave B done?
Date: 8th December 2025
Chart: 4 Hour
In our last Gold update we were looking at the different forms and corrections that Gold could follow in the days to come. Below I'm going to explore the ABC corrective structure in detail. Similar to our previous update we are still currently in Wave B of the 4th wave. The chart below shows a clear channel in which this wave is operating. A breakdown of this channel will confirm to us that Wave B in fact is over and Wave C on the downside has begun. We can expect Wave C to end anywhere between 3890 - 3700 depending on where the channel breaks down from.
For people keen to trade the downside .. the top of the channel (which you can mark on your charts) would be a great entry point for a short trade OR one can wait for a confirmed breakdown of the channel to enter a trade.
For safe traders I think the best option is to actually wait and look to buy this dip around 3900 levels or once we know that Wave C of this 4th Wave is over.
Charts below
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Gold - Is wave B done?
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