Idea for Gold @ 21th July 2023

Updated

Currently, the price reject at fibs of 50%, the channel top to complete the wave B,
Let's wait for a pullback to catch wave C

Expect the price to sweep the swing low, then touch H4 OB, then have a pullback.

Note

Gold next move possibly

at the top, there are EQH there, it might be a BSL, and we are looking at around 1972 level to sell it.

Note

Update Elliott Wave Chart

Note

Gold another scenario, and we wait after FOMC and see how it works.

Note

Gold another scenario for SMC concept

Note

Nice shot for chaching wave 3 entry

Note

It's almost close to the order block, it might have a small pullback

Patience - A Key To Success in Trading

⏱️ A few days ago, we predicted a correction and then a drop in GOLD. Today, it's happening just like we said. But, sadly, many traders are losing money. Why? They're not patient enough.

rayshen0411

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