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Gold Roadmap — Short term

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Gold(XAUUSD) rose to $3,383 as I expected in yesterday's idea.

Gold is currently moving in the Resistance zone($3,393-$3,366).

In terms of Elliott Wave theory, it seems that Gold has completed 5 impulse waves, and we should wait for corrective waves on the 15-minute time frame.

I expect Gold to start declining from one of the Fibonacci levels and fall to at least $3,351.

Second Target: $3,344

Third Target: Monthly Pivot Point/Support lines

Note: Stop Loss (SL) = $3,392

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.
İşlem kapandı: durdurma seviyesi
Stop Loss Touched, bull trap

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.