King_shark

GOLDđŸ„‡/ another growthđŸš€â“đŸ€”

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King_shark Uppdaterad   
OANDA:XAUUSD   Guld / USA-dollar
👉Gold has a ⌛long-term đŸ”»BEARISHđŸ”» trend
👉But before that, it can grow again✅🚀
🎯3 targets are shown in the figure...

🔎Further analysis:

⌛Weekly time frame:
In the long term, gold can continue to fall to the bottom of the channel with a gap from the top of the channel👇

⌛Daily time frame:
The long-term setup of gold fall is as follows:
Based on the break of the BULLISH trend line of the daily time frame, it can continue to fall with a THE SL above the HIGH before the break👇

⌛Four-hour time frame:
There is a possibility of forming a harmonic pattern:
Based on the Fibonacci ratios, a Gartley pattern can form here and we are growing to complete wave D👇
Kommentera:
đŸ’„In the continuation of this analysis:

👉Regarding the formation of a double top on the 2030 resistance:

đŸ”»There is a possibility of a temporary fall to the support range of 2001-2005

✅And from there, build a LOW with a wedge pattern and grow based on the main analysis
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