every time we make a new level of 1 hour cycle we always make it with 3 level of 15 min cycle but since there was no 15 min cycle in that spike therefore we cannot say that it was level 2. we actually got clear 3 levels with this recent pump and we have already completed retrace of 1 hour level 2 cycle or (15 min 3 levels cycle) and we didn't break lvl 1 low (1h cycle), so this tells that XAU is going for 3 levels of 15 min cycle to the upside which is aligned with level 3 of the 1 h cycle
(this projection is only valid if XAU creates and breaks 15 min W) and dont break level 1 low
(this projection is only valid if XAU creates and breaks 15 min W) and dont break level 1 low