quangcttn

Wave structure of XAUUSD analyzed in multiple time frames

EIGHTCAP:XAUUSD   Gold Spot / U.S. Dollar
4H is uptrend => current is correction
15M is dowtrend => current is conrrection
5M is uptrend => current impulse
We can only sell down when the Swinglow of the 5M time frame is broken through

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.