hadi_a_hobballah

hadi_a_hobballah

Current Trend: Gold is in a strong uptrend across multiple timeframes, confirmed by breakouts and higher highs and lows. Buy Strategy: Look for buying opportunities as long as the 30-minute chart maintains its bullish structure: Wait for Bullish BOS: Look for a bullish Break of Structure (BOS) on the 30-minute chart to confirm continuation. Stay Above 20 MA:...

hadi_a_hobballah

Gold is currently in Wave 3 on the monthly chart, showing an uptrend. On the weekly chart, there are three consecutive Doji candles indicating indecision, which could potentially lead to the start of Wave 4 (not confirmed yet). This suggests possible consolidation on the daily chart between $2,470 and $2,525, while also noting the presence of a bull flag pattern...

hadi_a_hobballah

Daily Timeframe 📅 🔍 Trend: Gold has been in a strong uptrend, recently pushing into a key resistance zone above 2500. Elliott Wave: Currently in Wave 3. 💡 Key Levels: Resistance: 2,510 (recent high). Watching for targets at 2,550 (161.8% Fib extension) and possibly 2,700. 4-Hour Timeframe ⏰ 🚀 Trend: The bullish trend continues, with a recent breakout above an...

hadi_a_hobballah Updated 

Elliott Wave Pattern: The chart shows a corrective Elliott Wave pattern (A), (B), and (C) for a larger move, and now we are in the subwave of B. We are currently in the final (C) of the (C) wave, indicating a possible downward movement after its end. Change of Character: We had a Change of Character that indicates the start of wave C. Drawing a...

hadi_a_hobballah Updated 

Current Market Status: Current Price: $2,386.61 Time Frame: 30-minute chart Trend: Currently in a short-term uptrend but showing signs of potential correction. Chart Pattern and Projections: Pattern Formation: The chart indicates an Elliott Wave formation, projecting a potential ABC correction. Wave (A): The initial downward movement seen recently. Wave (B): The...