Gold attacked a Heavy Support zone($2,605-$2,584) yesterday, as I expected.
Gold is starting to rise from the Heavy Support zone($2,605-$2,584) and breaking the First Resistance lines.
According to the theory of Elliott waves, Gold managed to complete wave 5 so that wave 5 was Truncated.
I expect Gold to attack the Downtrend line and the Resistance zone($2,642-$2,620) after breaking the First resistance lines.
️Note: If Gold goes below $2,600, we should expect more Dumps️.
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.
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