🏃♂️Gold is moving in the 🟡Potential Reversal Zone(PRZ)($2,320-$2,280)🟡 and near the upper line of the Ascending Channel.
🌊According to the Elliott wave theory, Gold seems to have succeeded in completing main wave 5.
💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks.
🔔I expect Gold to have a downward trend in the coming hours and at least decrease to the Support line and Uptrend line.
Gold Analyze ( XAUUSD ), 4-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.
🌊According to the Elliott wave theory, Gold seems to have succeeded in completing main wave 5.
💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks.
🔔I expect Gold to have a downward trend in the coming hours and at least decrease to the Support line and Uptrend line.
Gold Analyze ( XAUUSD ), 4-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.
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