GOLD (XAUUSD) | The best scenario for climbing๐ฅ
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.
According to the previous analysis, we considered a decline for gold, which would be for wave 4. The structure that has been formed so far can be considered a zigzag structure in which we are inside wave a .
The target of wave a was somewhat unclear, but our target in terms of the three middle lines of the channel, either the end of wave-1-before or the end of wave b of 2, these are just the possible targets of wave a and then the completion of wave a Decide is made for wave b, but the minimum number will be 1790. If the 1760 range is broken, the expectation of a decline will be greatly reduced.
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
According to the previous analysis, we considered a decline for gold, which would be for wave 4. The structure that has been formed so far can be considered a zigzag structure in which we are inside wave a .
The target of wave a was somewhat unclear, but our target in terms of the three middle lines of the channel, either the end of wave-1-before or the end of wave b of 2, these are just the possible targets of wave a and then the completion of wave a Decide is made for wave b, but the minimum number will be 1790. If the 1760 range is broken, the expectation of a decline will be greatly reduced.
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