GOLD (XAUUSD) | The best area to buy🚀
Hello traders, Gold in 4-hour timeframe, this analysis is prepared in 4-hour timeframe, but has been published for a better view in 8-hour timeframe.
In gold, we were probably inside wave 2, which zigzagged and completed its last wave, wave c .
Within wave c the wave count is performed in such a way that it has the most normal count.
The c microwave wave, wave 3, has completed itself in my opinion, and now we expect the descent to form wave 5, which we will examine in more than an hour.
In general, we are currently considering the upward movement of gold as an impulse and a leader.
If the Fibo 0.78 of the 1713 area is completely broken, the probability of climbing decreases and another scenario that we mentioned in the daily time will occur.
🙏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!❤️
In gold, we were probably inside wave 2, which zigzagged and completed its last wave, wave c .
Within wave c the wave count is performed in such a way that it has the most normal count.
The c microwave wave, wave 3, has completed itself in my opinion, and now we expect the descent to form wave 5, which we will examine in more than an hour.
In general, we are currently considering the upward movement of gold as an impulse and a leader.
If the Fibo 0.78 of the 1713 area is completely broken, the probability of climbing decreases and another scenario that we mentioned in the daily time will occur.
🙏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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