🏃♂️Gold is moving near the 🟢Support zone($2,327-$2,302)🟢, 100_SMA(4-hour TF), Yearly Resistance(2).
🌊According to the theory of Elliott waves, Gold seems to have succeeded in completing wave 4 with Double Three Correction(WXY).
📈In terms of Classical Technical Analysis, the 🏳️Bearish Flag Pattern🏳️ is well visible.
🔔I expect Gold to fall towards the 🎯Targets🎯 I have identified on the chart after breaking the lower line of the Bearish Flag Pattern.
Gold Analyze ( XAUUSD ), 1-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, and Trade safe.
🌊According to the theory of Elliott waves, Gold seems to have succeeded in completing wave 4 with Double Three Correction(WXY).
📈In terms of Classical Technical Analysis, the 🏳️Bearish Flag Pattern🏳️ is well visible.
🔔I expect Gold to fall towards the 🎯Targets🎯 I have identified on the chart after breaking the lower line of the Bearish Flag Pattern.
Gold Analyze ( XAUUSD ), 1-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, and Trade safe.
Trade active
Note
✅Running well✅, XAUUSD was able to break the lower line of the bearish flag pattern.Trade closed: target reached
First Target DoneNote
If Gold will go up more than $2,330, we can expect more pump.🎁Welcome than a 50% bonus(Low Spread)👉vtm.pro/Y3AV7r
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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.
🎁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.