Now it's time for🥇Gold🥇to Fall

1 Mar 2024

✅As I expected in yesterday's post, Gold started to rise again after breaking the Resistance lines and reacting to the upper Resistance lines and the 🔴Resistance zone($2,071_$2,054)🔴.

🌊Regarding Elliott wave theory, It seems that Gold has completed the Zigzag Correction(ABC/5-3-5) on the Resistance lines and the 🔴Resistance zone($2,071_$2,054)🔴, and now we have to wait for Gold to fall.

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

🔔I expect Gold to fall to at least the Uptrend line.

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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1 Mar 2024

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1 Mar 2024

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