rayshen0411

Idea for Gold @ 21th July 2023

rayshen0411 Updated   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Currently, the price reject at fibs of 50%, the channel top to complete the wave B,
Let's wait for a pullback to catch wave C

Expect the price to sweep the swing low, then touch H4 OB, then have a pullback.
Comment:
Gold next move possibly

at the top, there are EQH there, it might be a BSL, and we are looking at around 1972 level to sell it.
Comment:
Update Elliott Wave Chart
Comment:
Gold another scenario, and we wait after FOMC and see how it works.
Comment:
Gold another scenario for SMC concept
Comment:
Nice shot for chaching wave 3 entry
Comment:
It's almost close to the order block, it might have a small pullback

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