๐จGold started to rise after breaking the descending channel from the ๐ขheavy support zone($1,903-$1,886)๐ข.
๐According to the theory of Elliott waves, gold managed to complete wave 5 and is currently completing wave 4.
๐I expect wave 4 to end in the ๐กPrice Reversal Zone(PRZ)๐ก and gold to start rising again (the ๐ฏtarget๐ฏ of wave 5 could be in the area I marked on the chart).
Gold Analyze ( XAUUSD ), 1-hour time frame โฐ.
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 โ ' like'โ button ๐๐ & Share it with your friends; thanks, and Trade safe.
๐According to the theory of Elliott waves, gold managed to complete wave 5 and is currently completing wave 4.
๐I expect wave 4 to end in the ๐กPrice Reversal Zone(PRZ)๐ก and gold to start rising again (the ๐ฏtarget๐ฏ of wave 5 could be in the area I marked on the chart).
Gold Analyze ( XAUUSD ), 1-hour time frame โฐ.
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 โ ' like'โ button ๐๐ & Share it with your friends; thanks, and Trade safe.
์กํฐ๋ธ ํธ๋ ์ด๋
๊ฑฐ๋์ฒญ์ฐ: ํ๊ฒ ๋ฟ์
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๐if you want to learn Technical Analysis = Please Contact me๐ t.me/Ad_ProTrader365
๐Please follow us on Telegram for more analysis.๐ t.me/ProTrader_365
๐if you want to learn Technical Analysis = Please Contact me๐ t.me/Ad_ProTrader365