As I expected in the previous idea, Gold(
XAUUSD) rose to $3,343 on the 1-hour time frame, but failed to break the Resistance zone($3,350-$3,326) and started to fall with relatively good momentum.
Do you think Gold can finally break the Support zone($3,312-$3,280) and Support lines, or will it rise again?
Gold is currently trading in the Support zone($3,312-$3,280) and near the Support lines. It has also managed to break the downtrend line.
In terms of Elliott Wave theory on the 15-minute time frame, Gold appears to be completing a main wave 4. The main wave 4 appears to follow Double Three Correction(WXY). Also, the main wave 3 is extended due to the high downward momentum.
I expect Gold to start falling again by entering the Potential Reversal Zone(PRZ)[$3,312-$3,304] or Resistance zone($3,302-$3,296) and eventually breaking the Support zone($3,312-$3,280) and Support lines, Gold's falling targets are clear on the chart.
Note: Stop Loss (SL) = $3,313
Gold Analyze (XAUUSD), 15-minute 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) rose to $3,343 on the 1-hour time frame, but failed to break the Resistance zone($3,350-$3,326) and started to fall with relatively good momentum.Do you think Gold can finally break the Support zone($3,312-$3,280) and Support lines, or will it rise again?
Gold is currently trading in the Support zone($3,312-$3,280) and near the Support lines. It has also managed to break the downtrend line.
In terms of Elliott Wave theory on the 15-minute time frame, Gold appears to be completing a main wave 4. The main wave 4 appears to follow Double Three Correction(WXY). Also, the main wave 3 is extended due to the high downward momentum.
I expect Gold to start falling again by entering the Potential Reversal Zone(PRZ)[$3,312-$3,304] or Resistance zone($3,302-$3,296) and eventually breaking the Support zone($3,312-$3,280) and Support lines, Gold's falling targets are clear on the chart.
Note: Stop Loss (SL) = $3,313
Gold Analyze (XAUUSD), 15-minute 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.
액티브 트레이드
Short Position was activated
Due to the upward momentum of #gold yesterday, I did not activate the position.
거래청산: 타겟 닿음
Target Done
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면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
🚀 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
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.