Gold is Ready to Pump, Ready!?
Updated
Gold(
XAUUSD) is currently moving in the Resistance zone($2,667-$2,653) and has managed to break the upper line of the Descending Channel.
In terms of Elliott wave theory, Gold completed the Double Three Correction waves as I expected, and I am also waiting for the Resistance zone($2,667-$2,653) to break with the break of the upper line of the descending channel.
I expect Gold to rise to at least $2,679 after breaking the Resistance zone($2,667-$2,653), and the next target is the width of the descending channel (broken).
⚠️Note: If Gold goes below $2,636, we can expect a further decrease in Gold.⚠️
🔔Be sure to follow the updated ideas.🔔
Gold Analyze ( XAUUSD ), 1-hour time frame ⏰.
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 ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
XAUUSD) is currently moving in the Resistance zone($2,667-$2,653) and has managed to break the upper line of the Descending Channel.In terms of Elliott wave theory, Gold completed the Double Three Correction waves as I expected, and I am also waiting for the Resistance zone($2,667-$2,653) to break with the break of the upper line of the descending channel.
I expect Gold to rise to at least $2,679 after breaking the Resistance zone($2,667-$2,653), and the next target is the width of the descending channel (broken).
⚠️Note: If Gold goes below $2,636, we can expect a further decrease in Gold.⚠️
🔔Be sure to follow the updated ideas.🔔
Gold Analyze ( XAUUSD ), 1-hour time frame ⏰.
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 ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Trade active
Trade was activated, Great pump :)Trade closed: target reached
Target Done
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