ðŧGold seems to be completing the second top of the ðŧDouble Top Patternðŧ near the ðīResistance zone($1,939.00-$1,932.00)ðī and the Important Downtrend line.
ðAccording to the theory of Elliott waves, gold seems to have completed its 5 impulsive waves and is now forming Corrective Waves.
ðI expect Gold to move towards the ðĒSupport zoneðĒ after breaking the Neckline of the Double Top 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 completed its 5 impulsive waves and is now forming Corrective Waves.
ðI expect Gold to move towards the ðĒSupport zoneðĒ after breaking the Neckline of the Double Top 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.
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