Gold(
XAUUSD) is currently moving below the Support zone($4,053 – $4,025), but given the cluster of supports ahead, we can consider this beak is a fake break.
From an Elliott Wave perspective, it seems that gold has completed its wave 5 near the support lines, and we can anticipate a corrective upward movement.
Also, we can observe positive Regular Divergence (RD+) in consecutive valleys.
I expect Gold to rise to the Resistance zone($4,125 – $4,097) in the next step after breaking the Resistance lines and confronting the $4,073 level.
First Target: $4,091
Second Target: $4,113
Stop Loss(SL): $3,987
Please respect each other's ideas and express them politely if you agree or disagree.
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) is currently moving below the Support zone($4,053 – $4,025), but given the cluster of supports ahead, we can consider this beak is a fake break.From an Elliott Wave perspective, it seems that gold has completed its wave 5 near the support lines, and we can anticipate a corrective upward movement.
Also, we can observe positive Regular Divergence (RD+) in consecutive valleys.
I expect Gold to rise to the Resistance zone($4,125 – $4,097) in the next step after breaking the Resistance lines and confronting the $4,073 level.
First Target: $4,091
Second Target: $4,113
Stop Loss(SL): $3,987
Please respect each other's ideas and express them politely if you agree or disagree.
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 activatedOperación cerrada: objetivo alcanzado
Full Target Done
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🎁 Free VIP Forex and Crypto Signals, please visit:
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Publicaciones relacionadas
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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.
🚀 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.