Gold Analysis==>>Symmetrical Triangle

2024年10月4日

Gold seems to have succeeded in breaking the Uptrend line and has also formed a Symmetrical Triangle pattern.

According to the Elliott wave theory, Gold has succeeded in completing the main 5th wave.

I expect Gold to at least fall to the Support zone($2,600-$2,580) after breaking the lower line of the symmetrical triangle.

⚠️Note: Tensions in the Middle East can directly affect the trend of Gold, so pay more attention to capital management.⚠️


Gold Analyze ( XAUUSD ), 1-hour time frame ⏰.

Do not forget to put Stop loss for your positions (For every position you want to open).

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2024年10月5日

交易开始

Trade was activated

2024年10月8日

注释

Gold was able to break the lower line of triangle.

2024年10月8日

交易结束：到达目标

Target Done