GOLD - Buy after this pullback!

Xanrox Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold is extremely bullish and is expected to double its value in the next few years. We want to take advantage of this bull market and implement long-only strategies on futures. Right now, GOLD is breaking out of the descending channel, but I want to see a retest of it. The price broke out of this channel but created a fair value GAP. These GAPs tend to be filled sooner or later, so do not FOMO in and wait for a proper retest. Then we can open a leveraged trade with a high probability of success and a high risk-to-reward ratio.

From the Elliott Wave perspective, we have finished the WXYXZ corrective pattern, which is also great to see! We are starting a brand new impulse wave to the upside, so prepare your limit orders. It's time to buy gold again.

The next significant resistance is the previous ATH. I do not really see anything special that is worth mentioning. Take only the best opportunities with a high success rate.

Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
Retest of the range - 2337 - 2325 (BUY ZONE)
Wait for the opening! If you are a crypto trader, you can trade the PAXG coin. This coin copies the price of gold. Futures with leverage PAXGUSDT.P
Usually we want to see a retest on a breakout point of the previous pattern (in this case, a rectangular pattern).
The price rebounded perfectly from my support. Trade is at a great profit.
Gold is up 4%, keep holding, the price is extremely bullish. Enjoy profits.

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