XAUUSD - UniverseMetta - Analysis
#XAUUSD - UniverseMetta - Analysis
On W1 Possibility of forming a counter trend 3rd wave.
On D1, the price can fix itself behind the trend line and continue moving downwards, implementing the pattern on W1 through the ABC structure. On H4, a 3-wave structure is forming as the movement continues. You can limit yourself to a short stop at the level of breaking through the local second wave
To cancel, form the 3rd wave in the opposite direction.
Target 2286 - 2235 - 2150
On W1 Possibility of forming a counter trend 3rd wave.
On D1, the price can fix itself behind the trend line and continue moving downwards, implementing the pattern on W1 through the ABC structure. On H4, a 3-wave structure is forming as the movement continues. You can limit yourself to a short stop at the level of breaking through the local second wave
To cancel, form the 3rd wave in the opposite direction.
Target 2286 - 2235 - 2150
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