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Gold managed to create a New All-Time High(ATH) at the beginning of the week.
ðââïļCurrently, Gold is moving near the ðīResistance zone($2,450-$2,426)ðī.
ðAccording to the Elliott wave theory, Gold has succeeded in completing main wave 5 by the Ending Expanding Diagonal.
ðĄAlso, we can see Regular Divergence(RD-) between two Consecutive Peaks.
ðI expect Gold to continue falling to at least the ðĒSupport zone($2,373-$2,353)ðĒ.
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.
ðââïļCurrently, Gold is moving near the ðīResistance zone($2,450-$2,426)ðī.
ðAccording to the Elliott wave theory, Gold has succeeded in completing main wave 5 by the Ending Expanding Diagonal.
ðĄAlso, we can see Regular Divergence(RD-) between two Consecutive Peaks.
ðI expect Gold to continue falling to at least the ðĒSupport zone($2,373-$2,353)ðĒ.
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:
Support in front of Gold is the lower line of the Ending Expanding Diagonal.
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
New Update
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
Gold was able to break the lower line of Ending Expanding Diagonal, As I expected.
āļāļīāļāļāļēāļĢāđāļāļĢāļ: āļāļķāļāđāļāđāļēāļŦāļĄāļēāļĒāļāļēāļĢāļāļģāļāļģāđāļĢ
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
if Gold breaks theðĒSupport zone($2,373-$2,353)ðĒ, we have to wait for $2,340(at least)
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