Gold Analysis==>> Attack to Support lines==>Short term

7 days agoThe Gold moved and hit the targets as I expected in the previous post.

Gold is currently moving near a Heavy Resistance zone($2,532-$2,523) and broke the Uptrend line.

According to the Elliott Waves theory, Gold has successfully completed the Zigzag Correction(ABC/5-3-5) in the 15-minute time frame.

I expect Gold to attack the Heavy Support zone($2,484-$2,431) and Support lines in the coming hours.

Gold Analyze ( XAUUSD ), 15-minute 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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7 days ago

Order cancelled

The new US rates have been announced.

Core PPI m/m == 0.3%

PPI m/m == 0.2%

Unemployment Claims == 230k

⚠️It was far from expectations.⚠️