🏃♂️Gold is moving in the 🟡Potential Reversal Zone(PRZ)($2,174-$2,107)🟡
🌊In terms of Elliott wave theory, it seems that Gold has completed wave 3, and we should wait for a correction to the Fibonacci levels and the 🟢Support zone($2,070-$2,054)🟢.
🔔I expect Gold to rise again after the completion of wave 4 (at least to the Yearly Resistance(1)).
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.
🌊In terms of Elliott wave theory, it seems that Gold has completed wave 3, and we should wait for a correction to the Fibonacci levels and the 🟢Support zone($2,070-$2,054)🟢.
🔔I expect Gold to rise again after the completion of wave 4 (at least to the Yearly Resistance(1)).
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:
Short Position
Comment:
I will do Martingale(Short position).
