🥇Gold Analysis🥇(🚀)

Mar 14

🏃‍♂️Gold is moving in the 🟡Potential Reversal Zone(PRZ)($2,135-$2,108)🟡

🌊According to the theory of Elliott waves, it seems that Gold has managed to complete the main wave 3 at $2,195.235(All-Time High(ATH)).

🌊Gold is completing the main wave 4, so it seems that this corrective wave's structure is Zigzag(ABC/5-3-5).

💡One of the signs of the end of the main wave 4 can be the breaking of the Resistance line.

🔔I expect Gold to move up towards 🎯Targets🎯on the chart as it enters the 🟡Potential Reversal Zone(PRZ)($2,135-$2,108)🟡.

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.

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Mar 15

Comment

If gold can break the resistance line, we can enter a long position.

Mar 20

Trade active

Mar 21

Trade closed: target reached