Gold is Ready to Break Resistance lines!!!

٢٠ ديسمبر ٢٠٢٤

Gold attacked a Heavy Support zone($2,605-$2,584) yesterday, as I expected.

Gold is starting to rise from the Heavy Support zone($2,605-$2,584) and breaking the First Resistance lines.

According to the theory of Elliott waves, Gold managed to complete wave 5 so that wave 5 was Truncated.

I expect Gold to attack the Downtrend line and the Resistance zone($2,642-$2,620) after breaking the First resistance lines.

⚠️Note: If Gold goes below $2,600, we should expect more Dumps⚠️.

🔔Be sure to follow the updated ideas.🔔

Gold Analyze ( XAUUSD ), 15-minute 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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٢١ ديسمبر ٢٠٢٤

تم فتح الصفقة

The position was activated when Gold broke the first resistance lines.

Running, well, let's wait until next week.

٢٣ ديسمبر ٢٠٢٤

أغلقت الصفقة: تم الوصول للهدف

near the upper line of the ascending channel