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GOLD (XAUUSD) | The best scenario for the fall ๐
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.
Gold is still in a state that cannot be counted.
And many possibilities can be considered for counting.
We also preferred to count the waves as corrections, and from this correction, wave a and wave b ended, although not very normal.
The last wave of this plate is forming.
Wave c is a wave that I think will finally break the bottom of the orange channel and move downwards in the form of five waves and possibly in the form of a diagonal triangle, and the target we have for wave c will be 1770 and the maximum will be 1738.
The bottom of the orange channel must be broken to confirm the formation of wave c in our wave count.
The price will continue to rise until 1830 and then 1850.
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
Gold is still in a state that cannot be counted.
And many possibilities can be considered for counting.
We also preferred to count the waves as corrections, and from this correction, wave a and wave b ended, although not very normal.
The last wave of this plate is forming.
Wave c is a wave that I think will finally break the bottom of the orange channel and move downwards in the form of five waves and possibly in the form of a diagonal triangle, and the target we have for wave c will be 1770 and the maximum will be 1738.
The bottom of the orange channel must be broken to confirm the formation of wave c in our wave count.
The price will continue to rise until 1830 and then 1850.
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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