🥇Gold is moving in 🟡Price Reversal Zone(PRZ)🟡 and 100_SMA(Daily).
🌊According to the theory of Elliott waves, it seems that the main corrective wave A in the 🟡Price Reversal Zone(PRZ)🟡 has ended.
💡Also, we can see Regular Divergence(RD+) between two Consecutive Valleys.
I expect the main corrective wave B to continue at least to the upper 🔴Resistance zone($1,987.40_$1,968.80)🔴, and Gold will soon begin a short-term uptrend.
Gold Analyze ( XAUUSD ), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, anbd Trade safe.
🌊According to the theory of Elliott waves, it seems that the main corrective wave A in the 🟡Price Reversal Zone(PRZ)🟡 has ended.
💡Also, we can see Regular Divergence(RD+) between two Consecutive Valleys.
I expect the main corrective wave B to continue at least to the upper 🔴Resistance zone($1,987.40_$1,968.80)🔴, and Gold will soon begin a short-term uptrend.
Gold Analyze ( XAUUSD ), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, anbd Trade safe.
Trade active
Trade closed: target reached
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🎁Welcome than a 50% bonus(Low Spread)👉vtm.pro/Y3AV7r
🎁Get a 20% Discount on your trading FEE on BYBIT:👉partner.bybit.com/b/PEJMANZWIN
🎁Get a 20% Bonus & 30% Discount on LBANK exchange(NO KYC)👉lbank.one/join/uBythQd
🎁Get a 20% Discount on your trading FEE on BYBIT:👉partner.bybit.com/b/PEJMANZWIN
🎁Get a 20% Bonus & 30% Discount on LBANK exchange(NO KYC)👉lbank.one/join/uBythQd
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.