Well guys, I hope you are doing well It was clear that we are in a rising wedge There are two possible situations or compression without liquidity Or squeeze with liquidity and a bull trap Well, we have to see how the reaction to the levels is So let's see the rest of the way together The green route and then the red route are possible Or the orange path
excellent I am glad that a good analysis was provided for my good friends I hope you have used it Good luck dears
I think Flat corrective wave is forming I think we are in wave B now If the price returns from the range of 1805 or at most 1812 to the bottom and have a strong approval Wave C, which has 5 waves, begins And the target range is 1771 or 1773 Time will clarify everything Good luck It's just a suggestion
Formed QML template I think the bears can come into action It is a good tuberculosis area(
Please see the previous gold analysis Currently, according to the previous analysis, the price is moving in the right direction We are waiting for the reactions
The dollar index continues to rise Tomorrow at 17:00 After the interest rate, we have to see in which direction the reactions are
A beautiful harmonic pattern is formed Seeing bullish candles can move the price upwards
The dollar has the ability to move up I think the price has moved in a PENNANT And it can move from above I have another analysis in the lower time frame and I will share it
In my opinion, gold should enter bearish movement If the tension between China and Taiwan does not increase, the chart can move to this state And the bears move the price down well Because the slope of the movement has decreased And in the 2-hour time frame, it is at RSI resistance And a compression can be seen in the price
Shark pattern A good pattern can be seen in the time of one hour I think the bears should come in little by little
1785 1788 is the supply area for gold, I think a right shoulder can be formed, although there is a low mpl in the time frame, the price reaction should be seen.
1785 -1788 is the supply area for gold, I think a right shoulder can be formed, although there is a low mpl in the time frame, the price reaction should be seen.
The price is being compressed Moving in a triangle has become very boring It can be seen in the inside time window that I marked the areas with a black line It's time to move
The price is in the supply zone, a correction and a short downward wave is possible
double top and a triangle and even a flag can be seen, actually 3 patterns can be seen, even a harmonic pattern We still have to go down
Exiting the triangle upwards or downwards? What do you think? I think it's time for Dominance Tether to go down again
The price is in an important area The failure from this area is the movement of the price towards 21300 But we can move up from this flag Currently, the volume is decreasing If the volume increases during the exit, we can confirm that we were in a bullish flag and the path to $25,000 becomes very easy.
I still think that gold should move towards 1745 Currently, a downward pattern can be seen rising wedge I am waiting for a bearish reaction