Hellena | GOLD (4H): Long to resistance area at 2222.710.

Dear Colleagues. I suppose that the price will continue its upward movement. After the strong news background, we have to redraw the waves. I think that the wave starts the ascending wave 3. The nearest target is the resistance area at 2222.710.

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

Comment:

Dear colleagues, the price has reached the support area of 2164. In the coming week I expect the resumption of upward movement to the target 2222.

Comment:

Colleagues, the price is still near the support area. Many analysts say that the price will make a downward movement. This will mean that wave 2 is much longer, but at this point there is a good chance that my scenario will come true.

Comment:

Dear colleagues, I insist - set trades to breakeven. There is a high probability of a reversal of the movement and you will not lose anything. But there is still a chance to achieve the goal!

Comment:

Colleagues, I will not get tired of repeating that the price has gone halfway - so I strongly recommend to set trades to breakeven! Perhaps I will change takeprofit and close the position with a plus. Stay tuned for more updates.

Trade closed: target reached:

Well done!