Gold Next Expected Move as respecting to Elliott WaveHello Traders!
Gold is Respecting well to Elliott Wave as all we know that its time for corrective moves in gold and on Thursday 09/01/2025 gold took good move in upside direction. its the clue for strong bearish trend as Elliott wave also expecting till 2487 which is very good move for sellers.
Chart Pattern also showing bearish trend as we can see double top and rising wedge in H4 and expecting target of 2571 which is also good move almost 1000 pips.
Support: 2649.300
Resistance: 2695.600
Key Level: 2670
Looking for good selling area to take entry till that i will wait and will not rush in this situation we can see selling area from 2676-2681
Traders if you like my idea then kindly support my idea and follow me for more analysis
