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

20. Mai

✅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.

21. Mai

Trade ist aktiv

21. Mai

Anmerkung

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

22. Mai

Anmerkung

New Update

22. Mai

Anmerkung

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

22. Mai

Trade geschlossen: Ziel wurde erreicht

23. Mai

Anmerkung

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