๐Ÿฅ‡Gold๐Ÿฅ‡Can Drop by ๐Ÿณ๏ธBearish Flag Pattern๐Ÿณ๏ธ

ืžืขื•ื“ื›ืŸ
๐Ÿƒโ€โ™‚๏ธGold is moving near the ๐ŸŸขSupport zone($2,327-$2,302)๐ŸŸข, 100_SMA(4-hour TF), Yearly Resistance(2).

๐ŸŒŠAccording to the theory of Elliott waves, Gold seems to have succeeded in completing wave 4 with Double Three Correction(WXY).

๐Ÿ“ˆIn terms of Classical Technical Analysis, the ๐Ÿณ๏ธBearish Flag Pattern๐Ÿณ๏ธ is well visible.

๐Ÿ””I expect Gold to fall towards the ๐ŸŽฏTargets๐ŸŽฏ I have identified on the chart after breaking the lower line of the Bearish Flag Pattern.

Gold Analyze ( XAUUSD ), 1-hour time frame โฐ.

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ืขืกืงื” ืคืขื™ืœื”
ื”ืขืจื”
โœ…Running wellโœ…, XAUUSD was able to break the lower line of the bearish flag pattern.
ืขืกืงื” ืกื’ื•ืจื”: ื”ื™ืขื“ ื”ื•ืฉื’
First Target Done
ื”ืขืจื”
If Gold will go up more than $2,330, we can expect more pump.
FibonacciGoldgoldanalysisgoldsignalgoldsignalsSupport and ResistanceWave AnalysisXAUUSDxauusdanalysisxauusdsellxauusdshortxauusdsignal

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