GOLD (XAUUSD) | Best point for buy🎯
Hello traders, GOLD in 1-hour timeframe, this analysis was prepared in 1-hour timeframe but has been published for a better view in 2-hour timeframe.
We also preferred not to count this recent ascent, and according to the theory we had before, a triangle has been formed, and from this triangle only the wave e has not been completed, and the wave e has formed a very normal zigzag so far, according to the harmonic pattern (a=c) We will still wait for the descent.
Of course, before this descent, the trend can reach the bottom of the green channel twice and form a descent with more force for wave c than zigzag e.
If the roof of the green canal breaks, the hope of a decline will decrease and we will have an ascent until around 1770 to 1780.
🙏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!❤️
We also preferred not to count this recent ascent, and according to the theory we had before, a triangle has been formed, and from this triangle only the wave e has not been completed, and the wave e has formed a very normal zigzag so far, according to the harmonic pattern (a=c) We will still wait for the descent.
Of course, before this descent, the trend can reach the bottom of the green channel twice and form a descent with more force for wave c than zigzag e.
If the roof of the green canal breaks, the hope of a decline will decrease and we will have an ascent until around 1770 to 1780.
🙏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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