Hellena | GOLD (4H): LONG to resistance area 5300 .

Colleagues, as the week draws to a close, I believe it is necessary to update the idea.
I continue to insist on an upward movement with the continuation of momentum in the medium-term wave “3”.
At the moment, I expect the resistance area of 5300 to be reached as the nearest target, attracting the attention of bulls.

Manage your capital correctly and competently! Only enter trades based on reliable patterns!

Nota

This week, I expect the upward movement to continue. 5300 is a perfectly achievable target. But it is important to understand that at the 5200 level, I will recommend set trades to break-even.

Trade attivo

The price has reached the support area of 4829, and I believe it is necessary to look for long positions.
Of course, there is a possibility that the price will remain in the support area for a while and even update the minimum of wave “2”, but this does not cancel the initial plan to move towards the 5300 area.

Nota

I recommend to set trade to breakeven.
(Breakeven=Risk Free: Move Stop loss to the entry level).

Trade chiuso: obiettivo raggiunto

I believe that positions can be closed.

Hellena_Trade

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Hellena | GOLD (4H): LONG to 5300 area (Wave 3).

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Hellena_Trade

✅ Free TELEGRAM channel: t.me/HellenaSignals
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🟢 Contact: t.me/Hellena_FX