OANDA:XAUUSD   Gold Spot / U.S. Dollar
OANDA:XAUUSD
After divergence in Macd 4H and breaking ascending trend line , it looks like the price will reach the level of 1751, it is much better and safer to wait for the price to break the level1769 and enter in correction wave, but personally in this case looking for a correction to about level1779,(in that point we have to go to the lower time frame to find the best entry point)
If you like this idea or have any idea about it, I will be glad to share it with me

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always appreciate your analysis.
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@Lingrid, Thanks for your attention and support as always, I hope you have a profitable week ahead of you
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Who also thinks that it is necessary to take XAUUSD at 1770.48000 in sell?
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@DeGRAM, I think when the price saw level 1770, It is safe to say that a new trend has begun in this timeframe, at least as a correction wave in the higher timeframe, because it seems that the price needs a stronger correction to gathers energy for going up in the daily timeframe.
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