In the continuation of the previous analysis, it can be seen that gold should probably finish the lower cycle of wave 3 of 3 in the current area, and then wave 4 will have a smaller correction, and finally wave 5 will continue up to the 2.618 Fibonacci area or to the ceiling of the previous channel. to have Note that the higher cycle of wave 4 correction should...
reason ... 1)break nearest snr 2) break trendline 3) AO indicator buy mood 4) Supertrend indicator on buy mood
pulback to take profit zone before continue bullish to next level at price label
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Gold 1H-TIMEFRAME ANALYSIS hello and good morning traders this is my gold idea for the next 48h Good luck