Gold(
XAUUSD) rose to $3,383 as I expected in yesterday's idea.
Gold is currently moving in the Resistance zone($3,393-$3,366).
In terms of Elliott Wave theory, it seems that Gold has completed 5 impulse waves, and we should wait for corrective waves on the 15-minute time frame.
I expect Gold to start declining from one of the Fibonacci levels and fall to at least $3,351.
Second Target: $3,344
Third Target: Monthly Pivot Point/Support lines
Note: Stop Loss (SL) = $3,392
Gold Analyze (XAUUSD), 15-minute time frame.
Be sure to follow the updated ideas.
Do not forget to put a 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.
XAUUSD) rose to $3,383 as I expected in yesterday's idea.Gold is currently moving in the Resistance zone($3,393-$3,366).
In terms of Elliott Wave theory, it seems that Gold has completed 5 impulse waves, and we should wait for corrective waves on the 15-minute time frame.
I expect Gold to start declining from one of the Fibonacci levels and fall to at least $3,351.
Second Target: $3,344
Third Target: Monthly Pivot Point/Support lines
Note: Stop Loss (SL) = $3,392
Gold Analyze (XAUUSD), 15-minute time frame.
Be sure to follow the updated ideas.
Do not forget to put a 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 closed: stop reached
Stop Loss Touched, bull trap 
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Disclaimer
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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.