


ProfissionalGoldHntryhunter
1.Elliott Wave Pattern: The chart appears to follow an Elliott Wave structure, with waves labeled as a, b, and c in pink, likely indicating a corrective wave sequence. Additional waves labeled (W) and (X) in green suggest a complex correction or continuation pattern. 2.Trend Channels: Two prominent trend channels are marked: A descending green channel that...
Analysis Using Fibonacci Retracement Levels The chart indicates key Fibonacci levels (23.6%, 38.2%, 50%, 61.8%, and 100%). These levels are commonly used to identify potential support and resistance areas. The price is currently hovering around the 100% retracement level (2,613). This suggests the market has retraced fully from the most recent move. 90% Level...
Analysis: The point marked "C" seems to represent the lowest point within a symmetrical triangle pattern. This indicates price consolidation between the support and resistance lines. Currently, the price has broken above the lower boundary of the triangle and appears to be moving upwards. This could signal a breakout to the upside, especially if it’s a confirmed...
The moment the trendline breaks in the market, it's a sell signa