Gold(
XAUUSD) is moving in the Resistance zone($2,606-$2,584) and near the Resistance line and the Upper line of the Ascending Channel.
It also seems that Gold can potentially form the 🦇Bearish Bat Harmonic Pattern🦇.
According to Elliott's wave theory, Gold seems to be completing the main wave 4. The main wave 4 structure is a Zigzag correction(ABC).
I expect Gold to continue falling after breaking the Lower line of the Ascending Channel to the lower targets.👇
🎯Targets of falling Gold:
🎯First Target: $2,571
🎯Second Target: $2,560
🎯Third Target: Around $2,536
⚠️Note: If Gold goes above $2,620, we can expect Gold to rise further.⚠️
🔔Be sure to follow the updated ideas.🔔
Gold Analyze ( XAUUSD ), 1-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.
It also seems that Gold can potentially form the 🦇Bearish Bat Harmonic Pattern🦇.
According to Elliott's wave theory, Gold seems to be completing the main wave 4. The main wave 4 structure is a Zigzag correction(ABC).
I expect Gold to continue falling after breaking the Lower line of the Ascending Channel to the lower targets.👇
🎯Targets of falling Gold:
🎯First Target: $2,571
🎯Second Target: $2,560
🎯Third Target: Around $2,536
⚠️Note: If Gold goes above $2,620, we can expect Gold to rise further.⚠️
🔔Be sure to follow the updated ideas.🔔
Gold Analyze ( XAUUSD ), 1-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.
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🎁Welcome than a 50% bonus(Low Spread)👉vtm.pro/Y3AV7r
🎁Get a 20% Discount on your trading FEE on BYBIT:👉partner.bybit.com/b/PEJMANZWIN
🎁Get a 20% Bonus & 30% Discount on LBANK exchange(NO KYC)👉lbank.one/join/uBythQd
🎁Get a 20% Discount on your trading FEE on BYBIT:👉partner.bybit.com/b/PEJMANZWIN
🎁Get a 20% Bonus & 30% Discount on LBANK exchange(NO KYC)👉lbank.one/join/uBythQd
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.