Gold is Ready to break Support zone!!!

Jun 3, 2024

Gold is moving near the Resistance zone($2,373-$2,353), Resistance lines, Monthly Pivot Point, and Yearly Resistance(2).

According to Elliott's wave theory, Gold seems to be completing the Flat Correction(ABC/3-3-5).

I expect Gold to break the Support zone($2,337-$2,318) soon.

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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Jun 4, 2024

Trade active

Jun 4, 2024

Note

If gold touches $2,313, We can expect more dumps for Gold.

Jun 4, 2024

Note

You can take profit or Risk free your position.