Gold is moving near the 🟢heavy support zone($1,903-$1,886)🟢 and the 200_SMA(Daily).
📚200_SMA(Daily)=Dynamic support📚
📚Heavy Support Zone($1,903-$1,886)=Static support📚
💡Also we can also see Regular Divergence (RD+) between successive valleys.
🌊In terms of Elliott wave theory, Gold completed the Double Three Correction structure(WXY). at heavy support zone, as I expected✅.
🔔I expect that Gold will go UP at least to 🎯first target🎯 that I specified in my chart.
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.
📚200_SMA(Daily)=Dynamic support📚
📚Heavy Support Zone($1,903-$1,886)=Static support📚
💡Also we can also see Regular Divergence (RD+) between successive valleys.
🌊In terms of Elliott wave theory, Gold completed the Double Three Correction structure(WXY). at heavy support zone, as I expected✅.
🔔I expect that Gold will go UP at least to 🎯first target🎯 that I specified in my chart.
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
Trade closed: target reached
Trade closed: target reached:
Second
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🔔Please follow us on Telegram for more analysis.👉 t.me/ProTrader_365
📚if you want to learn Technical Analysis = Please Contact me👉 t.me/Ad_ProTrader365