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Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124

quick summary
Time frame: Daily (D1)
Elliott’s Take: After Strong Rally, Price May Form ABC Correction Structure
Strategy: Sell wave B taper to supply and only buy when price returns to strong liquidity
Background: Precious metals have a strong start to 2026, but short-term fluctuations and consolidation shocks are still expected
Basic background (supporting the general trend)
Gold and silver started 2026 on a strong note, posting their best performances since the late 1970s. Goldman Sachs remains bullish on precious metals and continues to emphasize aggressive long-term targets (gold around $4,900).
Lana’s takeaway: The secular bull cycle can remain intact, but markets still need healthy corrections to reset liquidity and establish new structures.
Technical Objectives (D1) – Elliott ABC Structure
On the daily chart, the price of gold fell sharply after a strong top, forming an obvious A wave. The current structure shows:
Wave B: Resistance/Supply Correctional Rally
Wave C: Possible move down into liquidity before the next big trend is confirmed
This lens could help ABC avoid getting into trouble when the news looks positive but prices are still in a correction phase.
Chart key levels
1) Sell zone (shown by wave B)
Price: 4435 – 4440
This area corresponds to characteristic resistance and Fibonacci retracement bounces (0.236/0.382). If price rebounds here and shows rejection, this is a strong area to look for B-wave selling pressure.
2) Buying zone (key liquidity – probability of completion of wave C)
Buy liquidity: 4196 – 4200
This is the most liquid area of the chart. If there is a C wave, Lana will look for buying opportunities with clearer risk control here.
3) Deeper liquidity pooling
Liquidity Accumulation: The lower accumulation area shown on the chart
If the market rises more than expected, long-term buyers may enter the space.
Trading Plan (Lana Method)
Basic idea: If the price shows weakness (wave B rejection), sell on rallies to 4435-4440.
Basic buying plan: wait for price to return to 4196-4200 and confirm support (absorb liquidity).
If price breaks and holds above the sell zone, Lana stops selling and waits for a new structure to form.
A note on behavior at the beginning of the year
The first few weeks of the year tend to bring “chaotic” moves as liquidity returns and things reset. Lana will only trade within the planned area and avoid entries in the middle of the range.
This is Lana’s personal view on the market, not financial advice.