Gold Spot / U.S. Dollar
Long
Updated

Gold is Ready to PUMP Again!!!

9006
As expected, Gold(XAUUSD) hit the Targets I identified last week and started falling again.

Gold is moving near the Heavy Support zone($2,605-$2,584), Potential Reversal Zone(PRZ), and Support lines.

According to Elliott's wave theory, Gold appears to form an Expanding Flat (ABC/3-3-5).

I expect Gold to rise again from the Potential Reversal Zone(PRZ)[$2,610-$2,604].

⚠️Note: If Gold breaks the lower line of the ascending channel, it will likely lose the Heavy Support zone($2,605-$2,584).⚠️

🔔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
snapshot
Trade was activated

After hitting the Potential Reversal Zone(PRZ)[$2,610-$2,604]

You can Risk-Free your position too.
Note
You can Risk-Free your position in PRZ
Trade closed: target reached
I closed the position before the market closed for Christmas.

Merry Christmas, I hope you have a great time.
Note
snapshot

Full Target Done

I hope that you made a profit.

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.