🚨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

Transaction en cours

21 mai

Note

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

22 mai

Note

New Update

22 mai

Note

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

22 mai

Trade fermée: cible de profit atteinte

23 mai

Note

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