Gold Technical & Elliott Wave analyst
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Educational content on Elliott Wave Theory, Price Action, and Technical Chart Patterns. Learn market structure and technical analysis without any guesswork.
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πŸ“Š Elliott Wave Educational Chart

Here is a technical chart analysis based on Elliott Wave Theory. We are observing the market structure and key price action levels to understand potential wave formations.

This post is purely for educational purposes to help students learn technical analysis. No financial advice or trade signals are provided.

πŸ“ˆ Learn Market Structure | Price Action | Chart Patterns
Gold 4H Analysis

There are three important levels to watch:

First Buy Zone / Support: Important reaction area. The first buy level was rejected, and the market gave a strong pump from this zone last week.

Second Golden Zone: If the first support breaks, the second Golden Zone becomes important for a potential buy setup.

Second FVG: This FVG level is also important and is already marked on the chart.


The market has already moved down and broken below the previous FVG level, so we need to watch the next support carefully.

Resistance / Breakout

4430–4445 is the important resistance area.

If the market gives a 4H close above 4430–4445, it can confirm a breakout.

After a strong bullish H4 candle close, we can consider the buy side.

Until then, this resistance remains important.


Key rule: Don't enter just because price touches the level. Wait for the required H4 confirmation/close.

Disclaimer: This analysis is for educational purposes only and is not final advice
@FxRaees_trader786
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All viewers are requested to always have your reaction on the chart.
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Many such signals, many such uplifting messages are going to be received by people in this channel in the coming days. I will only share the things that are in the channel, not the ideas or the ones that I will share with you. You have to understand it carefully and take a decision.
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The channel and various breakouts should be looked at. The market can make this move. It is still in the running.
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Gold Technical & Elliott Wave analyst
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