Elliott wave pattern working well, correction down below 3400
🔔🔔🔔Gold news:
➡️ Gold saw some investors taking profits during Thursday’s Asian session, giving back much of the previous day’s gains after reaching a new all-time high, as the Israel–Hamas peace deal eased demand for traditional safe-haven assets.
➡️ However, the release of the dovish FOMC meeting minutes on Wednesday and the ongoing U.S. government shutdown helped keep gold supported amid a slightly weaker U.S. dollar, while markets awaited a speech from Fed Chair Jerome Powell later in the day.
Personal opinion:
➡️ Gold prices are having a strong correction in the Asian session, and another correction is expected. The Elliot Wave model is working well and could break below the 4000 area.
➡️ Analysis based on support resistance levels and Elliot Wave combined with trend lines to come up with a suitable strategy
Personal Plan:
🔆 Price Zone Setup:
👉 Buy Gold 3990 - 3987
❌ SL: 3982 | ✅TP: 3995 - 4000 - 4005
👉 Sell Gold 4055 - 4058
❌SL: 4063 | ✅TP: 4050 - 4045 - 4040
FM wishes you a successful trading day 💰💰💰
➡️ Gold saw some investors taking profits during Thursday’s Asian session, giving back much of the previous day’s gains after reaching a new all-time high, as the Israel–Hamas peace deal eased demand for traditional safe-haven assets.
➡️ However, the release of the dovish FOMC meeting minutes on Wednesday and the ongoing U.S. government shutdown helped keep gold supported amid a slightly weaker U.S. dollar, while markets awaited a speech from Fed Chair Jerome Powell later in the day.
Personal opinion:
➡️ Gold prices are having a strong correction in the Asian session, and another correction is expected. The Elliot Wave model is working well and could break below the 4000 area.
➡️ Analysis based on support resistance levels and Elliot Wave combined with trend lines to come up with a suitable strategy
Personal Plan:
🔆 Price Zone Setup:
👉 Buy Gold 3990 - 3987
❌ SL: 3982 | ✅TP: 3995 - 4000 - 4005
👉 Sell Gold 4055 - 4058
❌SL: 4063 | ✅TP: 4050 - 4045 - 4040
FM wishes you a successful trading day 💰💰💰
Dagangan aktif
personal plan: Hit + 60 pips from Buy 3989.5 (Done TP1)
setup successful
the plan still on track
Dagangan ditutup: sasaran tercapai
complete the original plan 
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Channel: signals - knowledge and FOREX comments
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✅ t.me/+Y9T5_BwC7_JhMWM1
Join now !!!!
Channel: signals - knowledge and FOREX comments
Join now !!!!
Channel: signals - knowledge and FOREX comments
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.