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. The gold trend is generally within a leading cycle, from which waves 1, 2, and 3 are completed, with waves 4 and 5 remaining. Wave structure 4: It is similar to a triangle due to its shallow depth. This triangle can be considered as expansion and contraction. Preferably we counted as a contracted triangle. From this triangle the waves a, b, c and d are formed and now we are inside the wave e. The t-wave is made up of the t-wave a, and the b-wave probably formed its first wave in the form of a flat wave, and this descent is also related to wave a from wave b to wave b. We probably give wave b from wave b to the gray channel and wave c from wave b is located on the upper side of the triangle, and then the descent for wave c from wave e will be equal to wave a, and finally the ascent for wave 5 will begin. - This is just a possibility and may be completely wrong - (If the 1830 area is broken, this countdown will be completely fielded) 🙏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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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.