Hello traders, Gold in 1 hour frame, this analysis is prepared in 1 hour frame, but for better viewing in the 2-hour frame.
In the analysis, we explained all the climb and decline of gold.
In this analysis, only the scenario of gold climb specifies, for wave 2, we can count the wave c.
The ascending gold is confirmed if the price first breaks the black channel and then the fibona of 0.618, and after the failure of the best area to buy (long-term).
🙏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 the analysis, we explained all the climb and decline of gold.
In this analysis, only the scenario of gold climb specifies, for wave 2, we can count the wave c.
The ascending gold is confirmed if the price first breaks the black channel and then the fibona of 0.618, and after the failure of the best area to buy (long-term).
🙏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!❤️