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.
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
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 PRZTrade closed: target reached
I closed the position before the market closed for Christmas.Merry Christmas, I hope you have a great time.
Note
Full Target Done
I hope that you made a profit.
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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.
🎁Welcome than a 50% bonus(Low Spread)👉vtm.pro/zameEz
🎁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
🎁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
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.