Gold will go UP by Falling Wedge Pattern🚀🚀🚀

Aug 16, 2023

Gold is moving near the 🟢heavy support zone($1,903-$1,886)🟢 and the 200_SMA(Daily).

📚200_SMA(Daily)=Dynamic support📚

📚Heavy Support Zone($1,903-$1,886)=Static support📚

💡Also we can also see Regular Divergence (RD+) between successive valleys.

🌊In terms of Elliott wave theory, Gold completed the Double Three Correction structure(WXY). at heavy support zone, as I expected✅.

🔔I expect that Gold will go UP at least to 🎯first target🎯 that I specified in my chart.

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.

Aug 16, 2023

Trade active

Aug 25, 2023

Trade closed: target reached

Aug 30, 2023

Trade closed: target reached

Second