🥇Gold🥇 is Ready to Jump again⏰(4_Hour)⏰

🥇Gold managed to break through the 🔴Resistance zone($1,987.40_$1,968.80)🔴 and is currently completing a pullback to this zone.

🌊According to Elliott's wave theory, Gold is completing wave 5.

🌊It seems that the wave 5 structure is the Expanding Ending Diagonal.

🔔I expect Gold to start rallying again after the pullback is completed, up to the top 🔴Resistance zone($2,074_$2,035)🔴.

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.

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Trade attivo

Commento:

Under $1,962.4 = Scenario will change.

Trade chiuso manualmente:

I closed my position in entry point=RISK FREE.