🥇Gold🥇 is ready to ⚔️Attack⚔️ the 🔴Resistance Zone🔴
🔨Gold started to rise after breaking the descending channel from the 🟢heavy support zone($1,903-$1,886)🟢.
🌊According to the theory of Elliott waves, gold managed to complete wave 5 and is currently completing wave 4.
🔔I expect wave 4 to end in the 🟡Price Reversal Zone(PRZ)🟡 and gold to start rising again (the 🎯target🎯 of wave 5 could be in the area I marked on the chart).
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 managed to complete wave 5 and is currently completing wave 4.
🔔I expect wave 4 to end in the 🟡Price Reversal Zone(PRZ)🟡 and gold to start rising again (the 🎯target🎯 of wave 5 could be in the area I marked on the chart).
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
Trade closed: target reached
