GOLD (XAUUSD) | The direction of the gold🏹
Hello traders, Gold in the daily time frame, in this analysis, the same two previous probabilities are considered, according to the first probability, wave 4 is a zigzag, the c wave of which is moving in a diagonal triangle, and is now forming the 5th wave of the c wave. This is the diagonal triangle, which is the red probability that it must start its downward trend to form wave 5 before the price of 1860 and after breaking the daily trend line.
And according to the second possibility, wave 4 can be a flat, wave 1 of this plate is composed of 3 waves, and wave 3 of this plate is composed of 5 waves, which we are now inside of wave 2, and in this wave 2, wave b is completed and wave c It is being formed, which will be confirmed after the breaking of the 1860 or finally 1920 area.
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And according to the second possibility, wave 4 can be a flat, wave 1 of this plate is composed of 3 waves, and wave 3 of this plate is composed of 5 waves, which we are now inside of wave 2, and in this wave 2, wave b is completed and wave c It is being formed, which will be confirmed after the breaking of the 1860 or finally 1920 area.
🙏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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