GOLD (XAUUSD) |Small correction♻️
Hello traders, Gold in 1 hour time frame, for gold I considered 2 possibilities, the first will be considered in 1 hour time and the second will be considered in half hour time.
In the time of 1 hour, we explored the possibility that after a deep correction for the price wave up to the 1770-1780 range and then another ascending phase would begin.
In this probability, the completion of wave a is still unclear, and if the gold breaks its red trend line upwards, it will go to the orange channel line, and wave a will be completed there, and then correction wave b will start.
But if the orange channel line breaks downwards, wave a is completed in another area and wave b is completed in the red trend line (area 1775-1785).
🙏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!❤️
In the time of 1 hour, we explored the possibility that after a deep correction for the price wave up to the 1770-1780 range and then another ascending phase would begin.
In this probability, the completion of wave a is still unclear, and if the gold breaks its red trend line upwards, it will go to the orange channel line, and wave a will be completed there, and then correction wave b will start.
But if the orange channel line breaks downwards, wave a is completed in another area and wave b is completed in the red trend line (area 1775-1785).
🙏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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