GOLD (XAUUSD) | The best places to invest🏹
Hello traders, Gold in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
Gold We still have the mentality that we will climb for wave d out of four. Wave d was flat, wave c has not been formed yet.
In wave c , wave 1 is complete and is now in a position that determines the end or continuation of wave 2.
If the bottom of the purple channel is broken upwards, it is a sign of strength and the formation of wave 3.
But otherwise we assume that the decline will continue until the orange trend line and then the ascent will be formed in the form of wave 3.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
Gold We still have the mentality that we will climb for wave d out of four. Wave d was flat, wave c has not been formed yet.
In wave c , wave 1 is complete and is now in a position that determines the end or continuation of wave 2.
If the bottom of the purple channel is broken upwards, it is a sign of strength and the formation of wave 3.
But otherwise we assume that the decline will continue until the orange trend line and then the ascent will be formed in the form of wave 3.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
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