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Gold will go UP by Falling Wedge Pattern๐Ÿš€๐Ÿš€๐Ÿš€

2โ€ฏ440
Gold is moving near the ๐ŸŸขheavy support zone($1,903-$1,886)๐ŸŸข and the 200_SMA(Daily).

๐Ÿ“š200_SMA(Daily)=Dynamic support๐Ÿ“š

๐Ÿ“šHeavy Support Zone($1,903-$1,886)=Static support๐Ÿ“š

๐Ÿ’กAlso we can also see Regular Divergence (RD+) between successive valleys.

๐ŸŒŠIn terms of Elliott wave theory, Gold completed the Double Three Correction structure(WXY). at heavy support zone, as I expectedโœ….

๐Ÿ””I expect that Gold will go UP at least to ๐ŸŽฏfirst target๐ŸŽฏ that I specified in my chart.

Gold Analyze ( XAUUSD ), 4-hour time frame โฐ.

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 โœ…' like'โœ… button ๐Ÿ™๐Ÿ˜Š & Share it with your friends; thanks, and Trade safe.
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