🗻Gold seems to be completing the second top of the 🗻Double Top Pattern🗻 near the 🔴Resistance zone($1,939.00-$1,932.00)🔴 and the Important Downtrend line.
🌊According to the theory of Elliott waves, gold seems to have completed its 5 impulsive waves and is now forming Corrective Waves.
🔔I expect Gold to move towards the 🟢Support zone🟢 after breaking the Neckline of the Double Top pattern.
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.
🌊According to the theory of Elliott waves, gold seems to have completed its 5 impulsive waves and is now forming Corrective Waves.
🔔I expect Gold to move towards the 🟢Support zone🟢 after breaking the Neckline of the Double Top pattern.
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:
We have to wait for the opening of the USA market
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