GOLD (XAUUSD) | The best area for sell🔥
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.
As mentioned in the previous analysis, we expected a short decline, which we considered for wave 5 of wave a, and was completed.
At present, the correction structure has been determined and we know that a zigzag structure is waiting and now wave b correction is being formed from this zigzag that should not move beyond Fibo 0.618.
You should also expect a drop from this point because of the leading triangle formed for wave 5.
🙏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!❤️
As mentioned in the previous analysis, we expected a short decline, which we considered for wave 5 of wave a, and was completed.
At present, the correction structure has been determined and we know that a zigzag structure is waiting and now wave b correction is being formed from this zigzag that should not move beyond Fibo 0.618.
You should also expect a drop from this point because of the leading triangle formed for wave 5.
🙏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。