XAUUSD_1H
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Short time gold analysis
Analysis based on Elliott waves
The first case: the market is in a blue wave and the ceiling of wave 3 has been reached, and we enter a short correction towards the 2765 range and the price increases again towards wave 5 towards the range of 2806 dollars.
The second case: the market is in a red wave and continues to rise and completes wave 3 and enters the correction to the $2770 range and increases the price again towards wave 5.
And in any case, we are buyers for any correction to the bottom for the next rising waves
Important numbers as support 2761 and 2771 dollars
Important numbers as resistance $2785 and $2806
Short time gold analysis
Analysis based on Elliott waves
The first case: the market is in a blue wave and the ceiling of wave 3 has been reached, and we enter a short correction towards the 2765 range and the price increases again towards wave 5 towards the range of 2806 dollars.
The second case: the market is in a red wave and continues to rise and completes wave 3 and enters the correction to the $2770 range and increases the price again towards wave 5.
And in any case, we are buyers for any correction to the bottom for the next rising waves
Important numbers as support 2761 and 2771 dollars
Important numbers as resistance $2785 and $2806
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