GOLD (XAUUSD) | The best area to buy gold🎯
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.
The price is forming wave 3 microwaves.
Microwave 1 is formed in the form of a leading triangle, and in this triangle, wave 4 is ending at the bottom of the triangle.
After Wave 4 is completed, Wave 5 will start and will be completed on Fibo 0.5 or Fibo 0.618 targets.
If the channel floor is broken, this analysis will be fielded.
🙏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!❤️
The price is forming wave 3 microwaves.
Microwave 1 is formed in the form of a leading triangle, and in this triangle, wave 4 is ending at the bottom of the triangle.
After Wave 4 is completed, Wave 5 will start and will be completed on Fibo 0.5 or Fibo 0.618 targets.
If the channel floor is broken, this analysis will be fielded.
🙏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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