Get started
Hellena_Trade

Hellena | GOLD (4H): Long to resistance area of 2060.

Long
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
Hellena_Trade Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis Gold XAUUSD hellena hellenatrade Forex forexsignals signalservice wavetheory Contains image
18
3
trendanalysis chartpattern waveanalysis gold xauusd hellena hellenatrade forex forexsignals signalservice wavetheory containsimage
Dear Colleagues, I have redrawn the waves and it was not easy. I suppose that the price has not yet completed wave B, which I expect in the resistance area of 2060. A small correction to the area of 2021 is possible.
Overall I see an upward price sentiment.

Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Comment:
It looks like the price decided to test the 2021 support area after all, because it bounced back after a nice move up. This means that we will have to try and prioritise correctly. I would advise to take the trade to breakeven and place pending orders in the support area just in case.
Comment:
Yesterday the price almost reached our target of 2060. If someone managed to close positions, that's great. Now I insist on transferring trades to breakeven. The situation may turn against the forecast.
Trade closed: target reached:
Well done!
snapshot
✅ Free TELEGRAM channel: t.me/HellenaSignals
🌅 INSTAGRAM: instagram.com/hellena_trader
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.