XAUUSD July 9, 2024 potential buying point?
Looking at h1 yesterday, we continued to successfully predict the direction of price movement
- Currently, the price is approaching the target area of wave C. As I said yesterday, we need data from waves A and B to be completed to determine the target of wave C.
- Currently, I measure the target of wave C located at 2 price areas 2355 and 2346 price areas. These 2 price items form a narrow area where we can enter a Buy order at this price area.
- If the price breaks through 2339, our current wave counting process is no longer correct, then I will update you again.