Wave structure analysis in 4-hour timeframe of XAUUSD
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4h, 2h swing is bearish => current is pullback. M15 swing is bullish.
We can look for selling opportunities according to the bearish structure of the 4H time frame. Or we can wait for the M15 time frame to show a bearish reversal signal.
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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.