Hello traders This is my new Idea about Gold based on Harmonic Elliot Wave Method I decided to publish that although I think it is a little Riskily ! As I see here I can see three Technical reasons for Having a drop for Gold in coming days which I described in analysis I hope It would be helpful for you !
Hello traders just look at the analysis that I have uploaded it in the past ! In this analysis I also marked some important price action zones !
Q: What has the highest probability of occurring? After being one of the strongest performers in 2020 during the initial UK lockdown the stock lost over 30% of its value. In 2021 it has staged a modest recovery but is still over 15% below its all time high requiring an over 20% rally. There is well tested support at 8100p and resistance at 8775p. There is 2...
Wait to see if price will reach the top of our descending channel again to enter short on this pair.