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

2024年5月20日

✅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.

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2024年5月21日

交易進行

2024年5月21日

註釋

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

2024年5月22日

註釋

New Update

2024年5月22日

註釋

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

2024年5月22日

交易結束：目標達成

2024年5月23日

註釋

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