✅Gold managed to break the 🟢Support zone($1,904.260-$1,886.49)🟢 and support line yesterday by Bearish Marubozu Candle.
🌊According to Elliott Wave theory, Gold is completing the Double Three Correction(WXY).
🌊Currently, Gold is on the way to complete microwave C of the main wave Y after breaking the 🟢Support zone($1,904.260-$1,886.49)🟢.
🔔I expect Gold to fall to the 🟢Support zone($1,904.260-$1,886.49)🟢 and the support line to the 🟡Price Reversal Zone(PRZ)🟡 after the pullback.
Gold Analyze ( XAUUSD ), Daily 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 Elliott Wave theory, Gold is completing the Double Three Correction(WXY).
🌊Currently, Gold is on the way to complete microwave C of the main wave Y after breaking the 🟢Support zone($1,904.260-$1,886.49)🟢.
🔔I expect Gold to fall to the 🟢Support zone($1,904.260-$1,886.49)🟢 and the support line to the 🟡Price Reversal Zone(PRZ)🟡 after the pullback.
Gold Analyze ( XAUUSD ), Daily 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
Note
Gold is running to 🟡Price Reversal Zone(PRZ)🟡Note
Probably today, we will see a pullback to the 🟢Support zone($1,904.260-$1,886.49)🟢 and support line.Note
The gold has completed the pullback and is ready to fallTrade closed: target reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🎁Get a 20% Discount on your trading FEE on BYBIT:👉partner.bybit.com/b/PEJMANZWIN
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
