The wave structure of gold on the 15-minute timeframe
190
The 4-hour timeframe is currently in a pullback phase. The 15-minute timeframe is currently in a downtrend. 1-minute chart for (CHoCH) signal. The price may exceed the peak of the previous 15 minutes to get liquidity and then fall deeper
Note
Prices rebound to gain liquidity. After liquidity is taken away, gold prices will fall very deeply
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.