ELLIOT WAVE ANALYSIS-MORE BULL RUN AHEADS

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Dear Traders,

Gold price is in correction and forming wave (iv).

After that it will lead an impulse wave (v) which will be our priority to open position.

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ملاحظة

If the price does not break the High of "B" within 15 bars in 4 hour chart, then we will consider this move as "X"

That means blue (abc) will become our first correction wave ''W''

So it will lead to double correction then.

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٨ نوفمبر ٢٠٢٤

ملاحظة

Seems like price is forming a double correction pattern.

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تم إغلاق الصفقة يدويًا

I have closed my long position yesterday.

I will update a new correction draft today.