🚨Gold is Ready to Go Down🚨_Can Gold make New ATH again❗️❓

٢٠ مايو

✅Gold managed to create a New All-Time High(ATH) at the beginning of the week.

🏃‍♂️Currently, Gold is moving near the 🔴Resistance zone($2,450-$2,426)🔴.

🌊According to the Elliott wave theory, Gold has succeeded in completing main wave 5 by the Ending Expanding Diagonal.

💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks.

🔔I expect Gold to continue falling to at least the 🟢Support zone($2,373-$2,353)🟢.

Gold Analyze ( XAUUSD ), 1-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.

٢١ مايو

تم فتح الصفقة

٢١ مايو

ملاحظة

Support in front of Gold is the lower line of the Ending Expanding Diagonal.

٢٢ مايو

ملاحظة

New Update

٢٢ مايو

ملاحظة

Gold was able to break the lower line of Ending Expanding Diagonal, As I expected.

٢٢ مايو

أغلقت الصفقة: تم الوصول للهدف

٢٣ مايو

ملاحظة

if Gold breaks the🟢Support zone($2,373-$2,353)🟢, we have to wait for $2,340(at least)