🥇Gold🥇 Waiting for Correction

Mar 22, 2024

✅As I expected, the Gold (sniper) touched the 🎯Target🎯 of the previous posts.

🌊According to the theory of Elliot waves, it seems that Gold has succeeded in completing the main wave 5 and now we have to wait for correction waves.

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

🔔I expect Gold to continue its downward trend to the Support line and the Fibonacci levels (38.2% and 50%).

Gold Analyze ( XAUUSD ), 4-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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Mar 22, 2024

Trade active

Mar 24, 2024

Note

Gold can possibly form a Head and Shoulders pattern in the coming week.

Mar 26, 2024

Note

Great movement,