🚀 Just spotted a potential move on $XAUUSD! 📉 This 4-hour chart shows a clear Elliott Wave pattern, with a correction possibly targeting the 2349.505 level. 🧐 Considering a short position here, watching those Fibonacci retracement levels for potential pullback targets.
The Elliott Wave pattern indicates a potential reversal, and the Fibonacci levels provide key areas to watch for a pullback. If the price reaches the 2349.505 level, it could be a good point to take profit or adjust the position. The wave pattern has been quite clear, and this correction might offer a solid opportunity for a short trade.
Let's see how it plays out! This setup looks promising, and with careful monitoring, it could yield good results. Happy trading, everyone! 💰💹
The Elliott Wave pattern indicates a potential reversal, and the Fibonacci levels provide key areas to watch for a pullback. If the price reaches the 2349.505 level, it could be a good point to take profit or adjust the position. The wave pattern has been quite clear, and this correction might offer a solid opportunity for a short trade.
Let's see how it plays out! This setup looks promising, and with careful monitoring, it could yield good results. Happy trading, everyone! 💰💹
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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.
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.