GOLD (XAUUSD) | The best scenario for correctionđź“ť
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.
In this analysis, I tried to frame the waves by channeling. In gold, we have two important ranges: the first range of 1811 and the second of 1834.
1811 Range: If the 1811 area is completely broken, the probability of gold rising is greatly reduced.
1834 range: If the price of this area is completely killed, the probability of its rise to the price of 1844 will increase.
We expect gold refinement to 1816-1816 in the form of Wave 4.
🙏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!❤️
In this analysis, I tried to frame the waves by channeling. In gold, we have two important ranges: the first range of 1811 and the second of 1834.
1811 Range: If the 1811 area is completely broken, the probability of gold rising is greatly reduced.
1834 range: If the price of this area is completely killed, the probability of its rise to the price of 1844 will increase.
We expect gold refinement to 1816-1816 in the form of Wave 4.
🙏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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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.