๐โโ๏ธGold is moving in the ๐ขSupport zone($2,327-$2,302)๐ข and managed to break the Uptrend line and the Support line yesterday.
๐According to Elliott's wave theory, Gold seems to be completing wave 4.
๐I expect wave 4 to finish near the Resistance lines and ๐กPrice Reversal Zone(PRZ)๐ก, and Gold will start to decline again and break the ๐ขSupport zone($2,327-$2,302)๐ข.
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XAUUSD
๐ดPosition: Short
โ Entry Point: $2329.417 (Limit Order)
โ๏ธStop Loss: $2347.180
๐ฐTake Profit:
๐ฏ$2273.330๐Risk-To-Reward: 3.16
โ ๏ธPlease don't forget to follow capital management.
โ ๏ธPlease pay attention to the style of opening the position.
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XAUUSD
๐ดPosition: Short
โ Entry Point: $2315.678 (Stop Limit Order)
โ๏ธStop Loss: $2340.320
๐ฐTake Profit:
๐ฏ$2273.330๐Risk-To-Reward: 1.72
โ ๏ธPlease don't forget to follow capital management.
โ ๏ธPlease pay attention to the style of opening the position.
--------------------------------------------------------------------------
โ ๏ธPlease be Ready for Both positions; when one of the active, another will cancel.โ ๏ธ๐
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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 Elliott's wave theory, Gold seems to be completing wave 4.
๐I expect wave 4 to finish near the Resistance lines and ๐กPrice Reversal Zone(PRZ)๐ก, and Gold will start to decline again and break the ๐ขSupport zone($2,327-$2,302)๐ข.
--------------------------------------------------------------------------
XAUUSD
๐ดPosition: Short
โ Entry Point: $2329.417 (Limit Order)
โ๏ธStop Loss: $2347.180
๐ฐTake Profit:
๐ฏ$2273.330๐Risk-To-Reward: 3.16
โ ๏ธPlease don't forget to follow capital management.
โ ๏ธPlease pay attention to the style of opening the position.
--------------------------------------------------------------------------
XAUUSD
๐ดPosition: Short
โ Entry Point: $2315.678 (Stop Limit Order)
โ๏ธStop Loss: $2340.320
๐ฐTake Profit:
๐ฏ$2273.330๐Risk-To-Reward: 1.72
โ ๏ธPlease don't forget to follow capital management.
โ ๏ธPlease pay attention to the style of opening the position.
--------------------------------------------------------------------------
โ ๏ธPlease be Ready for Both positions; when one of the active, another will cancel.โ ๏ธ๐
--------------------------------------------------------------------------
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:
First position was activated.
ืืขืจื:
Please Transfer Stop loss(SL) to Entry Point(EP)=Risk Free
ืืขืกืงื ืืืืื ืืืืคื ืืื ื:
Risk Free
๐Real & Accurcy Free & VIP Signals/Learing Technical Analysis๐ t.me/ProTrader_365
๐Please follow us on Telegram for more analysis.๐ t.me/ProTrader_365
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๐Please follow us on Telegram for more analysis.๐ t.me/ProTrader_365
๐Get a 20% Discount on your trading FEE on Bingx: shorturl.at/cfhE3