Gold, as I expected in yesterday's idea, fell to the Potential Reversal Zone(PRZ)[$3,285-$3,272] and started to rise again.
Today's Gold analysis is on the 15-minute time frame and is considered short-term, so please pay attention.
Gold is currently trading in the Support zone($3,307-$3,275) and near the Potential Reversal Zone(PRZ)[$3,290-$3,272] and Time Reversal Zone(TRZ).
In terms of Elliott Wave theory, it seems that Gold can complete the microwave C of wave B at the lower line of the descending channel.
I expect Gold to trend higher in the coming hours and rise to at least $3,311.
Note: Stop Loss (SL) = $3,267
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.
Today's Gold analysis is on the 15-minute time frame and is considered short-term, so please pay attention.
Gold is currently trading in the Support zone($3,307-$3,275) and near the Potential Reversal Zone(PRZ)[$3,290-$3,272] and Time Reversal Zone(TRZ).
In terms of Elliott Wave theory, it seems that Gold can complete the microwave C of wave B at the lower line of the descending channel.
I expect Gold to trend higher in the coming hours and rise to at least $3,311.
Note: Stop Loss (SL) = $3,267
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.
🎁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.
🎁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.