Gold Spot / U.S. Dollar
Updated

Wave structure of XAUUSD on 15 minute timeframe

270
4H swing is bullish => current it is pullback
M15 swing is bearish
We buy when the price breaks through the strong swing peak of the 15-minute time frame
Note
In the 15-minute time frame, the price, after decreasing to achieve liquidity, increased and broke the strong swing top, creating a new strong swing bottom.
Note
In the 15-minute time frame, Price continues to break the peak and create a new strong swing bottom
Note
After the strong bottom swing of M15 was broken, the price continued to fall

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