Gold Roadmap==>Short-term!!!
Updated
Gold(
XAUUSD) is moving in the Resistance zone($2,670-$2,653) and near 50_SMA(Daily) and Potential Reversal Zone(PRZ)[$2,666-$2,661].
According to the theory of Elliot waves, it seems that Gold has finished the main wave 3, and we should wait for the main wave 4 and correction.
I expect Gold to rise again after touching the Uptrend lines or after approaching the Support zone($2,639-$2,631).
⚠️Note: First, Short position, then Long position.
⚠️Note: If Gold breaks the Support zone($2,639-$2,631), we should expect Gold to fall further.⚠️
🔔Be sure to follow the updated ideas.🔔
Gold Analyze ( XAUUSD ), 15-minute 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.
XAUUSD) is moving in the Resistance zone($2,670-$2,653) and near 50_SMA(Daily) and Potential Reversal Zone(PRZ)[$2,666-$2,661].According to the theory of Elliot waves, it seems that Gold has finished the main wave 3, and we should wait for the main wave 4 and correction.
I expect Gold to rise again after touching the Uptrend lines or after approaching the Support zone($2,639-$2,631).
⚠️Note: First, Short position, then Long position.
⚠️Note: If Gold breaks the Support zone($2,639-$2,631), we should expect Gold to fall further.⚠️
🔔Be sure to follow the updated ideas.🔔
Gold Analyze ( XAUUSD ), 15-minute 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
Short Position was activated.
After breaking the Uptrend lines and entering gold into the Potential Reversal Zone(PRZ)[$2,666-$2,661].
Trade closed: target reached
Target Done
👑Real & Accurcy Free & VIP Signals👉 t.me/ProTrader_365
📚Contact & Learning Technical Analysis 👉t.me/Ad_ProTrader365
🎁Get a 20% Discount on your trading FEE on BYBIT:👉partner.bybit.com/b/PEJMANZWIN
📚Contact & Learning Technical Analysis 👉t.me/Ad_ProTrader365
🎁Get a 20% Discount on your trading FEE on BYBIT:👉partner.bybit.com/b/PEJMANZWIN
Related publications
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.