Gold(
XAUUSD) is breaking the Resistance zone($2,930-$2,916) and the Neckline of the Inverse Head-and-Shoulders Pattern.
According to the Elliott wave theory, the Zigzag Correction(ABC/5-3-5) is over, and we must wait for the next impulse wave.
Also, the Three Soldiers Candlestick Pattern is a good sign to break the Resistance zone($2,930-$2,916) and neckline.
I expect Gold to rise to at least $2,953, if the Resistance zone($2,957-$2,940) is broken, we should wait for Gold to rise to the Potential Reversal Zone(PRZ)[$3,005-$2,990].
Do you think Gold can make a new All-Time High(ATH)?
Note: If Gold goes below $2,887, it should expect more gold Dumps.
Gold Analyze ( XAUUSD ), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a 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 ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
XAUUSD) is breaking the Resistance zone($2,930-$2,916) and the Neckline of the Inverse Head-and-Shoulders Pattern.According to the Elliott wave theory, the Zigzag Correction(ABC/5-3-5) is over, and we must wait for the next impulse wave.
Also, the Three Soldiers Candlestick Pattern is a good sign to break the Resistance zone($2,930-$2,916) and neckline.
I expect Gold to rise to at least $2,953, if the Resistance zone($2,957-$2,940) is broken, we should wait for Gold to rise to the Potential Reversal Zone(PRZ)[$3,005-$2,990].
Do you think Gold can make a new All-Time High(ATH)?
Note: If Gold goes below $2,887, it should expect more gold Dumps.
Gold Analyze ( XAUUSD ), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a 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 ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
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🎁Get a 20% Discount on your trading FEE on BYBIT:👉partner.bybit.com/b/PEJMANZWIN
Powiązane publikacje
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.