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No buy zone
There is currently no buy zone for this symbol under our Elliott rule. One only forms when the price pulls back after a strong rise.
An observation, not investment advice
Rule (daily candles) No current buy zone · as of Oct 14, 2026 Zone historyThe zone history shows since when a buy zone has applied, when it was adjusted and when the price touched or left it. Recording began on Oct 12, 2026, only runs forward and fills nothing in – older zones are marked “known at start of recording” or “already existing when added”.Example: New buy zone on Oct 14, no adjustment since → “zone valid since Oct 14, 2026 · unchanged since”.More in the Academy: Lesson buy zone and Fibonacci
Watcher Full history: every change of the buy zone with its date.
Weekly candles (1W) Zone known when recording started (recording since Oct 12, 2026) · Setup confirmed on Sep 14, 2026 · last changed in the Week from Oct 5, 2026 Zone historyThe zone history shows since when a buy zone has applied, when it was adjusted and when the price touched or left it. Recording began on Oct 12, 2026, only runs forward and fills nothing in – older zones are marked “known at start of recording” or “already existing when added”.Example: New buy zone on Oct 14, no adjustment since → “zone valid since Oct 14, 2026 · unchanged since”.More in the Academy: Lesson buy zone and Fibonacci
Watcher Full history: every change of the buy zone with its date.
Timeframe 1 week · As of Oct 23, 2026 · display only, the rule works on daily candles
Elliott count: Combination (W-X-Y), Corrective pattern (downward), Y in progress (2 of 2 guidelines) · X = 79% of W; Y = 78% of W
Comparison: The rule treats the last rise as the possible start of an upward impulse (without checking its history and structure). The Elliott count reads it as countermove X in a correction.
Alternative (not drawn): Zigzag (A-B-C), Corrective pattern (downward), C in progress (1 of 2 guidelines)
Note: Structure ambiguous: leg W, X can also be read as three- or five-part.
Note: Retracement at least 88.7% of A: flat possible (B in progress, type only with C).
Elliott count calculated automatically by fixed Elliott rules, not investment advice – display only, our buy zones do not use it. Provisional: The count can change with new candles.
Automated analysis (rule-based): the rule calculates waves and Fibonacci levels from the completed weekly candles; the chart is recalculated every day. Not investment advice. On this timeframe the chart only shows the rule setup (swing detection 2 × ATR) – the rule itself works on daily candles. Axis and values: distance from the top of the buy zone in %, no prices. Fibonacci measured logarithmically (weekly candles).
On phones the drawing toolbar is hidden – drawing works better on a desktop.
Timeframe 1 day · As of Oct 23, 2026
Elliott count: Zigzag (A-B-C), Corrective pattern (downward), C in progress (3 of 3 guidelines) · B = 52% of A; C = 149% of A
smaller wave degree Smaller wave degree: more sensitive turning-point detection, because no count fits at the usual degree – it describes shorter swings. Provisional – check the count yourself on the chart.
Position: Position unclear (the correction reaches into wave 1 territory, so not wave 4)
Alternative (not drawn): Combination (W-X-Y), Corrective pattern (downward), Y in progress (3 of 3 guidelines)
Before (drawn faintly): Impulse (W3 extended), Wave 3 complete
Note: Structure open: leg A, B cannot be broken down into sub-waves on this timeframe – provisional, check the count yourself on the chart.
Elliott count calculated automatically by fixed Elliott rules, not investment advice – display only, our buy zones do not use it. Provisional: The count can change with new candles.
Automated analysis (rule-based): the rule calculates waves and Fibonacci levels from the completed daily candles; the chart is recalculated every day. Not investment advice. Axis and values: distance from the top of the buy zone in %, no prices.
On phones the drawing toolbar is hidden – drawing works better on a desktop.
There are no hourly candles for GLD – analysis charts for 4H and 1H are only available for symbols with hourly history. The TradingView chart still shows this timeframe.
There are no hourly candles for GLD – analysis charts for 4H and 1H are only available for symbols with hourly history. The TradingView chart still shows this timeframe.
Timeframe 1 week · As of Oct 23, 2026 · from the Elliott count in the analysis chart
Weighting Main scenario: ahead (2 of 2 guidelines, strong) · Alternative: behind (1 of 2, medium) Guidelines (strength of the count)Guidelines are typical features of a count, such as usual Fibonacci lengths or a change in the form of correction. Strong means: at least three quarters met, medium: at least half, otherwise weak. Even a strong count can flip.Example: 3 of 3 guidelines → strong; 2 of 4 → medium; 1 of 3 → weak.More in the Academy: Lesson wave degrees
Weighting by guidelines met – not a probability.
As long as the weekly close stays below the end of X, this applies: complex countermove downward (Combination W-X-Y), Y in progress – count points to falling prices.
Invalid if the weekly close is above the end of X (+10.9% from the top of the zone)
If that breaks, the second reading no longer applies either: sharp countermove downward in three waves (Zigzag A-B-C), C in progress – then there is no valid count for now; the next candles will produce a new one.
Invalid if the weekly close is above the end of B (+10.9% from the top of the zone)
Timeframe 1 day · As of Oct 23, 2026 · from the Elliott count in the analysis chart
Weighting Main scenario and alternative: level (3 of 3 guidelines each, strong) – the simpler or clearer pattern counts as the main scenario. Guidelines (strength of the count)Guidelines are typical features of a count, such as usual Fibonacci lengths or a change in the form of correction. Strong means: at least three quarters met, medium: at least half, otherwise weak. Even a strong count can flip.Example: 3 of 3 guidelines → strong; 2 of 4 → medium; 1 of 3 → weak.More in the Academy: Lesson wave degrees
Weighting by guidelines met – not a probability.
smaller wave degree Smaller wave degree: more sensitive turning-point detection, because no count fits at the usual degree – it describes shorter swings. Provisional – check the count yourself on the chart. No visible sub-waves in: A, B.
As long as the daily close stays below the end of B, this applies: sharp countermove downward in three waves (Zigzag A-B-C), C in progress – count points to falling prices.
Invalid if the daily close is above the end of B (+6.4% from the top of the zone)
If that breaks, the second reading no longer applies either: complex countermove downward (Combination W-X-Y), Y in progress – then there is no valid count for now; the next candles will produce a new one.
Invalid if the daily close is above the end of X (+6.4% from the top of the zone)
Timeframe 4 hours · from the Elliott count in the analysis chart
Weighting by guidelines met – not a probability.
No hourly candles available – there are no scenarios for 4 hours.
Timeframe 1 hour · from the Elliott count in the analysis chart
Weighting by guidelines met – not a probability.
No hourly candles available – there are no scenarios for 1 hour.
ATR ATR (Average True Range)The average range per trading day over the last 14 days. It makes distances comparable, whether a stock costs 10 or 1,000.Example: ATR 2.50 at a price of 100: 0.4 ATR is 1.00, i.e. 1%.More in the Academy: Lesson ATR and moving averages as price values only when logged in.
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