✅Gold managed to create a New All-Time High(ATH) at the beginning of the week.
🏃♂️Currently, Gold is moving near the 🔴Resistance zone($2,450-$2,426)🔴.
🌊According to the Elliott wave theory, Gold has succeeded in completing main wave 5 by the Ending Expanding Diagonal.
💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks.
🔔I expect Gold to continue falling to at least the 🟢Support zone($2,373-$2,353)🟢.
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.
🏃♂️Currently, Gold is moving near the 🔴Resistance zone($2,450-$2,426)🔴.
🌊According to the Elliott wave theory, Gold has succeeded in completing main wave 5 by the Ending Expanding Diagonal.
💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks.
🔔I expect Gold to continue falling to at least the 🟢Support zone($2,373-$2,353)🟢.
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
Comment:
Support in front of Gold is the lower line of the Ending Expanding Diagonal.
Comment:
New Update
Comment:
Gold was able to break the lower line of Ending Expanding Diagonal, As I expected.
Trade closed: target reached
Comment:
if Gold breaks the🟢Support zone($2,373-$2,353)🟢, we have to wait for $2,340(at least)
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📚if you want to learn Technical Analysis = Please Contact me👉 t.me/Ad_ProTrader365