GOLD (XAUUSD) | The best point for long-term investment🏹
Hello traders, Gold in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
We consider the gold trend to be bullish until the price breaks the orange trend line completely.
Gold continues its upward trend in wave c from wave d to form a triangle.
Currently, gold has reached the blue trend line , which had previously collided with wave a , and there was a reaction on Friday.
Probably a relatively long neutral motion (without direction) is formed in this range and then a sharp motion is formed if the blue trend line is broken and this trend will continue until 1830.
🙏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!❤️
We consider the gold trend to be bullish until the price breaks the orange trend line completely.
Gold continues its upward trend in wave c from wave d to form a triangle.
Currently, gold has reached the blue trend line , which had previously collided with wave a , and there was a reaction on Friday.
Probably a relatively long neutral motion (without direction) is formed in this range and then a sharp motion is formed if the blue trend line is broken and this trend will continue until 1830.
🙏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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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.