GOLD (XAUUSD) |The best place to sell gold ๐ฐ
Hello traders, Gold in a 1-hour timeframe, according to the wave count in a 4-hour zigzag timeframe with the 30-diameter diameter triangle we are facing, must consist of 3 microwaves.
And now we are inside wave 5 of this triangle, and for wave 5 there are two possibilities, either wave a is over or it is not over.
And in this chart, we check the probability that wave a is over. If wave a is over, we are now inside wave b, and wave b will probably be completed in a zigzag state, and this zigzag should not be more than 0.618% of wave a. And if further modified, this analysis will be fully fielded.
๐If you have an idea that helps me provide a better analysis, I will be happy to write in the comments๐
โค๏ธPlease, support this idea with a like and comment!โค๏ธ
And now we are inside wave 5 of this triangle, and for wave 5 there are two possibilities, either wave a is over or it is not over.
And in this chart, we check the probability that wave a is over. If wave a is over, we are now inside wave b, and wave b will probably be completed in a zigzag state, and this zigzag should not be more than 0.618% of wave a. And if further modified, this analysis will be fully fielded.
๐If you have an idea that helps me provide a better analysis, I will be happy to write in the comments๐
โค๏ธPlease, support this idea with a like and comment!โค๏ธ
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