ðââïļGold is moving near the ðĒSupport zone($2,327-$2,302)ðĒ, 100_SMA(4-hour TF), Yearly Resistance(2).
ðAccording to the theory of Elliott waves, Gold seems to have succeeded in completing wave 4 with Double Three Correction(WXY).
ðIn terms of Classical Technical Analysis, the ðģïļBearish Flag Patternðģïļ is well visible.
ðI expect Gold to fall towards the ðŊTargetsðŊ I have identified on the chart after breaking the lower line of the Bearish Flag Pattern.
Gold Analyze ( XAUUSD ), 1-hour 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 gladly see your ideas in this post.
Please do not forget the â ' like'â button ðð & Share it with your friends; thanks, and Trade safe.
ðAccording to the theory of Elliott waves, Gold seems to have succeeded in completing wave 4 with Double Three Correction(WXY).
ðIn terms of Classical Technical Analysis, the ðģïļBearish Flag Patternðģïļ is well visible.
ðI expect Gold to fall towards the ðŊTargetsðŊ I have identified on the chart after breaking the lower line of the Bearish Flag Pattern.
Gold Analyze ( XAUUSD ), 1-hour 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 gladly see your ideas in this post.
Please do not forget the â ' like'â button ðð & Share it with your friends; thanks, and Trade safe.
āļāļēāļĢāļāļ·āđāļāļāļēāļĒāļĒāļąāļāļāļāļāļģāđāļāļīāļāļāļĒāļđāđ
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
â
Running wellâ
, XAUUSD was able to break the lower line of the bearish flag pattern.
āļāļīāļāļāļēāļĢāđāļāļĢāļ: āļāļķāļāđāļāđāļēāļŦāļĄāļēāļĒāļāļēāļĢāļāļģāļāļģāđāļĢ:
First Target Done
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
If Gold will go up more than $2,330, we can expect more pump.
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ðif you want to learn Technical Analysis = Please Contact me