GOLD (XAUUSD) | The best scenario for goldð
Hello traders, Gold in 4-hour timeframe, this analysis was prepared in 4-hour timeframe, but has been published for a better view in 8-hour timeframe.
In this analysis, we examine the probability of red in the daily time frame, according to this analysis, our general trend is downward and this downward is based on wave b correction.
Here are three possibilities to consider:
The blue probability is that the trend in this area will have a correction around the 1770-1780 area and then rise again and then the main decline for the c wave will begin.
The orange possibility is that the price will go even lower after reaching the 1770 area (which I will specify more accurate targets after moving in the next analysis) ... and after this move we will probably see a neutral market We will be.
The green probability is that without any deep correction after reaching the 1840-1850 zone, gold will start its downward trend and continue to move at the right point by neutralizing the b-wave market.
If the 1850 area and the maximum of 1860 are broken, this analysis will be fielded.
ðIf you have an idea that helps me provide a better analysis, I will be happy to write in the commentsð
âĪïļPlease, support this idea with a like and comment!âĪïļ
In this analysis, we examine the probability of red in the daily time frame, according to this analysis, our general trend is downward and this downward is based on wave b correction.
Here are three possibilities to consider:
The blue probability is that the trend in this area will have a correction around the 1770-1780 area and then rise again and then the main decline for the c wave will begin.
The orange possibility is that the price will go even lower after reaching the 1770 area (which I will specify more accurate targets after moving in the next analysis) ... and after this move we will probably see a neutral market We will be.
The green probability is that without any deep correction after reaching the 1840-1850 zone, gold will start its downward trend and continue to move at the right point by neutralizing the b-wave market.
If the 1850 area and the maximum of 1860 are broken, this analysis will be fielded.
ðIf you have an idea that helps me provide a better analysis, I will be happy to write in the commentsð
âĪïļPlease, support this idea with a like and comment!âĪïļ
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