Gold is moving near the ๐ขheavy support zone($1,903-$1,886)๐ข and the 200_SMA(Daily).
๐200_SMA(Daily)=Dynamic support๐
๐Heavy Support Zone($1,903-$1,886)=Static support๐
๐กAlso we can also see Regular Divergence (RD+) between successive valleys.
๐In terms of Elliott wave theory, Gold completed the Double Three Correction structure(WXY). at heavy support zone, as I expectedโ .
๐I expect that Gold will go UP at least to ๐ฏfirst target๐ฏ that I specified in my chart.
Gold Analyze ( XAUUSD ), 4-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.
๐200_SMA(Daily)=Dynamic support๐
๐Heavy Support Zone($1,903-$1,886)=Static support๐
๐กAlso we can also see Regular Divergence (RD+) between successive valleys.
๐In terms of Elliott wave theory, Gold completed the Double Three Correction structure(WXY). at heavy support zone, as I expectedโ .
๐I expect that Gold will go UP at least to ๐ฏfirst target๐ฏ that I specified in my chart.
Gold Analyze ( XAUUSD ), 4-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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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