Gold Roadmap==>Short-term!!!

Jan 2

Gold(XAUUSD) is moving in the Resistance zone($2,670-$2,653) and near 50_SMA(Daily) and Potential Reversal Zone(PRZ)[$2,666-$2,661].

According to the theory of Elliot waves, it seems that Gold has finished the main wave 3, and we should wait for the main wave 4 and correction.

I expect Gold to rise again after touching the Uptrend lines or after approaching the Support zone($2,639-$2,631).

⚠️Note: First, Short position, then Long position.

⚠️Note: If Gold breaks the Support zone($2,639-$2,631), we should expect Gold to fall further.⚠️

🔔Be sure to follow the updated ideas.🔔

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.

Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.

Jan 3

Trade active

Short Position was activated.

After breaking the Uptrend lines and entering gold into the Potential Reversal Zone(PRZ)[$2,666-$2,661].

Jan 3

Trade closed: target reached

Target Done