Oro / DollaroShort
GOLD (XAUUSD) | The best area for 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 mentioned in the previous analysis, we expected a short decline, which we considered for wave 5 of wave a, and was completed.
At present, the correction structure has been determined and we know that a zigzag structure is waiting and now wave b correction is being formed from this zigzag that should not move beyond Fibo 0.618.
You should also expect a drop from this point because of the leading triangle formed for wave 5.
🙏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 mentioned in the previous analysis, we expected a short decline, which we considered for wave 5 of wave a, and was completed.
At present, the correction structure has been determined and we know that a zigzag structure is waiting and now wave b correction is being formed from this zigzag that should not move beyond Fibo 0.618.
You should also expect a drop from this point because of the leading triangle formed for wave 5.
🙏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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Declinazione di responsabilità
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.