Gold Update - wave 5-circle down in the wave 3 Down

há 12 horas

I am in short for get profit from wave ⑤ down. will update later

há 11 horas

Trade ativo

I am in short at 2694.

Key Levels: 2,700 (resistance), 2,678-2,688 (support).
Indicators to Watch: Price action around the 50 EMA, volume activity in the 2,670-2,688 zone.
And potential breakout above 2,700 > for stoploss.

há 11 horas

Nota

EMA 100 Test:

The price has pulled back to test the 100 EMA (in blue), which has previously acted as dynamic support.
The high volume on this touch suggests that participants are actively engaging at this level, possibly indicating accumulation or an area where buyers are stepping in.

If the 100 EMA fails to hold and price closes below it, we could see a retracement to the 2,678-2,670 support area.

há 11 horas

Nota

I am going to take a nap

há 2 horas

Trade fechado: stop atingido

Stoploss at 2700 will update at another chart with updated elliottwave