🥇Gold🥇is playing the Yo-Yo game (Falling this time)🪀

Gold seems to be playing 🪀yo-yo🪀, and this time it is its turn to go down.

Gold is running near the resistance line and 🔴resistance zone($ 2015- $ 2012)🔴.

If we look at Gold from the theory of Elliott waves, we can understand that Gold finished the last Zigzag wave (C) near the 🔴resistance zone($ 2015- $ 2012)🔴.

I expect gold to at least fall to the 🟢support zone($ 1990.6- $ 1961.7)🟢.

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 be glad to see your ideas in this post.

Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.

Note

Gold reacted very well to the resistance line and resistance zone.

Trade closed: target reached

First Target

Note

Gold is on the way to touch the support line.

Note

Gold is completing pullback

pejman_zwin

👑Real & Accurcy Free & VIP Signals👉 t.me/ProTrader_365

🎁Get a 20% Discount on your trading FEE on BYBIT:👉partner.bybit.com/b/PEJMANZWIN

🎁Get a 20% Bonus & 30% Discount on LBANK exchange(NO KYC)👉lbank.one/join/uBythQd

Also on:

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.