Gold(
XAUUSD) attacked the Resistance lines and Resistance zone($3,350-$3,326) as I expected in yesterday's idea.
Gold seems to have broken the Resistance zone($3,350-$3,326) and Resistance lines and is pulling back to this zone.
In terms of Elliott Wave theory, Gold appears to have completed wave 3 and is currently completing wave 4.
I expect Gold to have a chance to rise back to the Resistance zone($3,394-$3,366) after entering the Potential Reversal Zone(PRZ)[$3,333-$3,315].
Note: Stop Loss (SL) = $3,297=Worst SL
Gold Analyze (XAUUSD), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a 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) attacked the Resistance lines and Resistance zone($3,350-$3,326) as I expected in yesterday's idea.Gold seems to have broken the Resistance zone($3,350-$3,326) and Resistance lines and is pulling back to this zone.
In terms of Elliott Wave theory, Gold appears to have completed wave 3 and is currently completing wave 4.
I expect Gold to have a chance to rise back to the Resistance zone($3,394-$3,366) after entering the Potential Reversal Zone(PRZ)[$3,333-$3,315].
Note: Stop Loss (SL) = $3,297=Worst SL
Gold Analyze (XAUUSD), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a 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 in Potential Reversal Zone(PRZ)[$3,333-$3,315]Trade closed: target reached
Target Done
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🎁Welcome than a 50% bonus(Low Spread)👉vtm.pro/Y3AV7r
🎁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.