pejman_zwin

Gold Fall by 🗻Double Top Pattern🗻⏰(1-Hour)⏰

Short
pejman_zwin Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
🗻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.

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Comment:
We have to wait for the opening of the USA market

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