🏃♂️Gold is moving in the 🟡Potential Reversal Zone(PRZ)($2,174-$2,107)🟡
🌊In terms of Elliott wave theory, it seems that Gold has completed wave 3, and we should wait for a correction to the Fibonacci levels and the 🟢Support zone($2,070-$2,054)🟢.
🔔I expect Gold to rise again after the completion of wave 4 (at least to the Yearly Resistance(1)).
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, and Trade safe.
🌊In terms of Elliott wave theory, it seems that Gold has completed wave 3, and we should wait for a correction to the Fibonacci levels and the 🟢Support zone($2,070-$2,054)🟢.
🔔I expect Gold to rise again after the completion of wave 4 (at least to the Yearly Resistance(1)).
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, and Trade safe.
Trade active
Short PositionNote
I will do Martingale(Short position).
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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.