๐โโ๏ธGold is moving near the ๐ขSupport zone($2,327-$2,302)๐ข, 100_SMA(4-hour TF), Yearly Resistance(2).
๐According to the theory of Elliott waves, Gold seems to have succeeded in completing wave 4 with Double Three Correction(WXY).
๐In terms of Classical Technical Analysis, the ๐ณ๏ธBearish Flag Pattern๐ณ๏ธ is well visible.
๐I expect Gold to fall towards the ๐ฏTargets๐ฏ I have identified on the chart after breaking the lower line of the Bearish Flag Pattern.
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.
๐According to the theory of Elliott waves, Gold seems to have succeeded in completing wave 4 with Double Three Correction(WXY).
๐In terms of Classical Technical Analysis, the ๐ณ๏ธBearish Flag Pattern๐ณ๏ธ is well visible.
๐I expect Gold to fall towards the ๐ฏTargets๐ฏ I have identified on the chart after breaking the lower line of the Bearish Flag Pattern.
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.
ืขืกืงื ืคืขืืื
ืืขืจื:
โ
Running wellโ
, XAUUSD was able to break the lower line of the bearish flag pattern.
ืขืกืงื ืกืืืจื: ืืืขื ืืืฉื:
First Target Done
ืืขืจื:
If Gold will go up more than $2,330, we can expect more pump.
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