LegendaLrb

XAUUSD: анализ и прогноз на 20.05.22 – 27.05.22

OANDA:XAUUSD   Gold Spot / U.S. Dollar
within the daily timeframe, the development of the third wave of the higher level (3) continues, which includes the formation of the fifth wave 5 of (3). On the 4-hour timeframe, wave iii of 5 has apparently formed and the development of a local correction as the fourth wave iv of 5 has completed. Within the hourly timeframe, the formation of the fifth wave v of 5 has presumably begun, as part of which the first wave of the junior level (i) of v is developing. If the assumption is correct, then the pair's growth will continue to the levels of 1997.97 – 2070.98. The level of 1784.38 is critical for this scenario, the breakdown of which will allow the pair to continue its decline to the levels of 1722.24 – 1616.95.
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.