GOLD (XAUUSD) |Gold price movement🚧
Hello traders, Gold in 4-hour timeframe, this analysis is prepared in 4-hour timeframe, but is displayed in 8-hour timeframe for better visibility.
This possibility is very fragile and gold can completely change the scenario by changing the general trend and breaking the warning sign.
According to this analysis, gold is currently in a zigzag, the c wave of which is the leading type, and this c wave is forming its 5th microwave.
And wave 5 now has two possibilities to move, both of which have been described in the previous two analyzes in 1-hour and half-hour timeframes.
🙏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!❤️
This possibility is very fragile and gold can completely change the scenario by changing the general trend and breaking the warning sign.
According to this analysis, gold is currently in a zigzag, the c wave of which is the leading type, and this c wave is forming its 5th microwave.
And wave 5 now has two possibilities to move, both of which have been described in the previous two analyzes in 1-hour and half-hour timeframes.
🙏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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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.
Disclaimer
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.