GOLD (XAUUSD) | The best point to buy gold🔥
Hello traders, Gold in 1 hour time frame, according to the chart, we have a leading pattern in the form of a relatively valid channel.
Wave 4 has reached the bottom of the canal with its neutral state and now we are waiting for the beginning of wave 5 and after closing the price above the 1815 area, the price will move to the previous ceiling, ie 1819, and if the 1819 area is broken, it will rise to the 1830 price. 5 will be approved.
But if the channel breaks downwards, the probability of this analysis decreases.
🙏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!❤️
Wave 4 has reached the bottom of the canal with its neutral state and now we are waiting for the beginning of wave 5 and after closing the price above the 1815 area, the price will move to the previous ceiling, ie 1819, and if the 1819 area is broken, it will rise to the 1830 price. 5 will be approved.
But if the channel breaks downwards, the probability of this analysis decreases.
🙏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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