From TradingView · · 50s
DXY Gold WTI Macro Elliott Wave Outlook
DXY bullish, gold bearish, WTI crude bullish in macro Elliott wave analysis.
In brief
DXY bullish, gold bearish, WTI crude bullish in macro Elliott wave analysis. DXY targets 103.90 with gold near $4,396 and WTI crude aiming for $132 in macro Elliott wave analysis. Originally reported by TradingView.
DXY Market Bias
DXY is breaking out from a large ascending triangle structure signaling a long-term bottom.
“DXY (US Dollar Index): Macro Structure: Following the major cycle peak, DXY has carved out a solid multi-month accumulation base”
Gold Tactical Play
Gold broke out of the corrective descending channel following a flush-out.
“Gold (XAUUSD): Tactical Wave Play: Gold broke out of the corrective descending channel following a flush-out”
Gold Macro Outlook
Gold targets $4,396, $4,400+ liquidity zone before intermediate wave (B).
“Macro Outlook: The larger timeframe suggests this bounce feeds a broader ABC correction or complex structure”
WTI Crude Oil
WTI crude oil has held higher lows throughout 2026 showing explosive upside momentum.
“WTI Light Crude Oil: Oil has held higher lows throughout 2026 and is showing explosive upside momentum”
WTI Target Projections
WTI crude oil targets $130, $132 with extension targets up to $144.
“Projections: Currently testing intermediate resistance near $104 with a target of $132”
The bottom line
DXY targets 103.90 with gold near $4,396 and WTI crude aiming for $132 in macro Elliott wave analysis.
