Gold Analysis==>>Falling Continues

4 nov

Gold(XAUUSD) has already started falling from the Resistance zone($2,751-$2,746) and the Resistance line (in the 15-minute time frame).

According to Elliott wave theory, Gold seems to have completed main wave 4, which has a structure of the Double Three Correction(WXY).

I expect Gold to fall to at least the Support zone($2,734-$2,731), and if the Support zone breaks, we can confirm the end of main wave 4, and most likely, Gold will fall to $2,721.

🔔Be sure to follow the updated ideas.🔔

Gold Analyze ( XAUUSD ), 15-minute 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.

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4 nov

Trade attivo

Trade was activated

5 nov

Trade chiuso: obiettivo raggiunto

First Target Done