✅As I expected, the Gold (sniper) touched the 🎯Target🎯 of the previous posts.
🌊According to the theory of Elliot waves, it seems that Gold has succeeded in completing the main wave 5 and now we have to wait for correction waves.
💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks.
🔔I expect Gold to continue its downward trend to the Support line and the Fibonacci levels (38.2% and 50%).
Gold Analyze ( XAUUSD ), 4-hour time frame ⏰.
Do not forget to put 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.
🌊According to the theory of Elliot waves, it seems that Gold has succeeded in completing the main wave 5 and now we have to wait for correction waves.
💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks.
🔔I expect Gold to continue its downward trend to the Support line and the Fibonacci levels (38.2% and 50%).
Gold Analyze ( XAUUSD ), 4-hour time frame ⏰.
Do not forget to put 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.
Trade active
Comment:
Gold can possibly form a Head and Shoulders pattern in the coming week.
Comment:
Great movement,
