Hellena | GOLD (4H): Long to resistance area of 2060.

30 Jan 2024

Dear Colleagues, I have redrawn the waves and it was not easy. I suppose that the price has not yet completed wave B, which I expect in the resistance area of 2060. A small correction to the area of 2021 is possible.
Overall I see an upward price sentiment.

Manage your capital correctly and competently! Only enter trades based on reliable patterns!

31 Jan 2024

Nota

It looks like the price decided to test the 2021 support area after all, because it bounced back after a nice move up. This means that we will have to try and prioritise correctly. I would advise to take the trade to breakeven and place pending orders in the support area just in case.

1 Feb 2024

Nota

Yesterday the price almost reached our target of 2060. If someone managed to close positions, that's great. Now I insist on transferring trades to breakeven. The situation may turn against the forecast.

1 Feb 2024

Dagangan ditutup: sasaran tercapai

Well done!