Hello traders, GOLD in 1-hour timeframe, this analysis was prepared in 1-hour timeframe but has been published for a better view in 2-hour timeframe.
The situation of gold counting is still unclear and cannot be counted.
And we also labeled this wave b .
And the field point we considered for this scenario is Fibo 1.38
It cannot be said that the next move or wave is ascending or descending, so it is better:
If the bottom of the orange channel is broken, we know the direction of movement is down, wave c will be formed.
If Fibo 1.38 is broken, the ascent will continue.
At the moment we think we will have an uptrend to 1803 and then another downturn.
In case of failure of this fibo, the movement will proceed to the specified resistance, ie the previous ceiling.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
The situation of gold counting is still unclear and cannot be counted.
And we also labeled this wave b .
And the field point we considered for this scenario is Fibo 1.38
It cannot be said that the next move or wave is ascending or descending, so it is better:
If the bottom of the orange channel is broken, we know the direction of movement is down, wave c will be formed.
If Fibo 1.38 is broken, the ascent will continue.
At the moment we think we will have an uptrend to 1803 and then another downturn.
In case of failure of this fibo, the movement will proceed to the specified resistance, ie the previous ceiling.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。