Now it's time for๐ฅGold๐ฅto Fall
โ
As I expected in yesterday's post, Gold started to rise again after breaking the Resistance lines and reacting to the upper Resistance lines and the ๐ดResistance zone($2,071_$2,054)๐ด.
๐Regarding Elliott wave theory, It seems that Gold has completed the Zigzag Correction(ABC/5-3-5) on the Resistance lines and the ๐ดResistance zone($2,071_$2,054)๐ด, and now we have to wait for Gold to fall.
๐กAlso, we can see Regular Divergence(RD-) between two Consecutive Peaks.
๐I expect Gold to fall to at least the Uptrend line.
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.
๐Regarding Elliott wave theory, It seems that Gold has completed the Zigzag Correction(ABC/5-3-5) on the Resistance lines and the ๐ดResistance zone($2,071_$2,054)๐ด, and now we have to wait for Gold to fall.
๐กAlso, we can see Regular Divergence(RD-) between two Consecutive Peaks.
๐I expect Gold to fall to at least the Uptrend line.
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.
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