Hellena | GOLD (4H): LONG to resistance area of 3500 (Wave 3).

Colleagues, the correction did take place and was quite deep, as I wrote earlier.
However, I am leaving my target unchanged—the resistance area and the maximum of wave “3” of the higher order at 3500.
The waves remain in their previous places, because none of the rules of wave analysis have been violated.

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

Trade active

I think the upward movement will resume soon. The price has reached the support area of 3332, and I am starting to look for an entry point for a long position.

Note

The price has confidently entered the support zone. This is happening for the second time, which means we need to pay close attention to further movements. Personally, I am looking at long positions and the continuation of wave “3.”
I think that the upward five-wave movement is not yet complete.

Hellena_Trade

✅ Free TELEGRAM channel: t.me/+3vRnN-6fQphiNDVi
🌅 INSTAGRAM: instagram.com/hellena_trader

Also on:

Related publications

Hellena | GOLD (4H): LONG to resistance area of 3500.

by Hellena_Trade

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Hellena_Trade

✅ Free TELEGRAM channel: t.me/+3vRnN-6fQphiNDVi
🌅 INSTAGRAM: instagram.com/hellena_trader