Gold Bounces from PRZ — Is a Short-Term Rally Underway?
Gold(
XAUUSD) started to rise from the Support zone($3,307-$3,275) as I expected in the previous idea.
Gold is currently moving near the Support zone($3,350-$3,326), Potential Reversal Zone(PRZ)[$3,349-$3,332], and $3,334 (Important price).
From the Elliott wave theory, it seems that Gold has completed its 5 impulsive waves and now we should wait for corrective waves. Corrective waves can complete at the Potential Reversal Zone(PRZ)[$3,349-$3,332].
I expect Gold to rise to $3,383(at least) in the coming hours.
Second Target: $3,396
Note: Stop Loss (SL) = $3,321
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) started to rise from the Support zone($3,307-$3,275) as I expected in the previous idea.Gold is currently moving near the Support zone($3,350-$3,326), Potential Reversal Zone(PRZ)[$3,349-$3,332], and $3,334 (Important price).
From the Elliott wave theory, it seems that Gold has completed its 5 impulsive waves and now we should wait for corrective waves. Corrective waves can complete at the Potential Reversal Zone(PRZ)[$3,349-$3,332].
I expect Gold to rise to $3,383(at least) in the coming hours.
Second Target: $3,396
Note: Stop Loss (SL) = $3,321
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.
Operación activa
Trade was activated near the Potential Reversal Zone(PRZ)[$3,349-$3,332]Operación cerrada: objetivo alcanzado
First target Done=$3,383
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🚀 Up to 75% Trading Fee Rebates Across 20+ Exchanges:
🤖 t.me/Protrader365bot
-----
🎁 Free VIP Forex and Crypto Signals, please visit:
🔗 t.me/ProTrader_365
🤖 t.me/Protrader365bot
-----
🎁 Free VIP Forex and Crypto Signals, please visit:
🔗 t.me/ProTrader_365
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.