Oro / Dollaro
Short
Aggiornato

Gold Roadmap — Short term

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Gold(XAUUSD) rose to $3,383 as I expected in yesterday's idea.

Gold is currently moving in the Resistance zone($3,393-$3,366).

In terms of Elliott Wave theory, it seems that Gold has completed 5 impulse waves, and we should wait for corrective waves on the 15-minute time frame.

I expect Gold to start declining from one of the Fibonacci levels and fall to at least $3,351.

Second Target: $3,344

Third Target: Monthly Pivot Point/Support lines

Note: Stop Loss (SL) = $3,392

Gold Analyze (XAUUSD), 15-minute time frame.

Be sure to follow the updated ideas.

Do not forget to put a 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 chiuso: stop raggiunto
Stop Loss Touched, bull trap

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