GOLD (XAUUSD) | The best place to 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 I said in the previous analysis, we were waiting for a price drop, but we considered this drop in five waves, and now it is formed as 3 waves, and it has created the possibility of flatness for wave 2.
And another possibility that has arisen is that a correction for the same 5 waves that we had in mind, after a little more drop of wave a than wave 2, ends in lower times and starts an ascent to form wave b.
Note: If the rise is not more than the 1820 price, we expect a deep correction for wave 2 to Fibonacci 0.38, but if the correction continues until the 1829 price, the correction will be only a side trend and small.
🙏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 I said in the previous analysis, we were waiting for a price drop, but we considered this drop in five waves, and now it is formed as 3 waves, and it has created the possibility of flatness for wave 2.
And another possibility that has arisen is that a correction for the same 5 waves that we had in mind, after a little more drop of wave a than wave 2, ends in lower times and starts an ascent to form wave b.
Note: If the rise is not more than the 1820 price, we expect a deep correction for wave 2 to Fibonacci 0.38, but if the correction continues until the 1829 price, the correction will be only a side trend and small.
🙏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!❤️
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.