As I expected in the previous post, Gold executed the Expanding Ending Diagonal pattern well and managed to break the lower line of this pattern and the uptrend line.
Gold has now completed a pullback to lines with wave 4.
I expect wave 5 to end at the ðĒsupport zone($ 1990.6- $ 1961.7)ðĒ or support line.
Gold Analyze ( XAUUSD ), 30-minute Time frame â°.
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 be glad to see your ideas in this post.
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