Hellena | GOLD (4H): Long to resistance area of 2430.961.

Colleagues, there is a high probability that price will continue its upward movement to complete wave "5". I expect the completion of wave "4" in the area of 2321.827, then I expect an upward movement to the resistance area of 2430.961.

Manage your capital correctly and competently! Only enter trades based on reliable patterns!

Comment:

Colleagues, the price has pushed away from the support area of 2321.8 and started its upward movement. At the moment, another correction is possible, so I recommend to set trades to breakeven.

Comment:

Dear colleagues, the price continues upward movement, but I will not get tired of repeating - set trades to breakeven. At the moment there is a possibility of a reversal. If the price updates the level of 2398, then I will continue to expect an upward movement, but if not, it may mean that the price may reverse.

Comment:

Dear Colleagues, Gold has a good indication to continue its upward movement. I assume that this week the price can complete the move to the target of 2430.
I still expect confirmation in the form of an update of the 2398 level.

Trade closed: target reached:

Colleagues, the price almost reached the target and I fixed a part of the profit and put the rest of the positions to breakeven. I will make a report tonight!
(Breakeven=Risk Free: Move Stop loss to the entry level).