GOLD (XAUUSD) | The best place to start the uptrendðŊ
Hello traders, Gold in 1 hour time frame, in this analysis I examined the red probability in 4 hour time frame.
In the 1-hour time frame, wave -a- is in the form of impulse, and this impulse of wave 5 can be in the form of a leading diagonal triangle, and after the price hits the ceiling of the triangle, the downward trend for wave b begins.
If the roof of the triangle is broken, this analysis is fielded and the green possibility is investigated.
In the fall of the price, after reaching the 1772 area, it enters the ascending phase to form the c wave. If this area is broken, this analysis will be fielded and the possibility of orange will be examined.
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 the 1-hour time frame, wave -a- is in the form of impulse, and this impulse of wave 5 can be in the form of a leading diagonal triangle, and after the price hits the ceiling of the triangle, the downward trend for wave b begins.
If the roof of the triangle is broken, this analysis is fielded and the green possibility is investigated.
In the fall of the price, after reaching the 1772 area, it enters the ascending phase to form the c wave. If this area is broken, this analysis will be fielded and the possibility of orange will be examined.
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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