Hello trader,
good mood and profitable deals! 💲
GOLD
2 hour chart
EW - Analysis
This is my Elliot Wave main count!!
EMA 10 - 13 - 20 and EMA50 in red are also geared towards EW.
EMA50 serves as a strong support. This should hold otherwise we should prepare for a stronger bullback or trend change!
I would like to mention that all I post are just options and my own opinion!
Always trade with SL, and do not risk more than 1% of your portfolio (max 3%) per trade.
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Thanks for reading my ideas!