🥇Gold🥇is playing the Yo-Yo game (Falling this time)🪀
Updated
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.
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 TargetNote
Gold is on the way to touch the support line.Note
Gold is completing pullback
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