GOLD (XAUUSD) | The best scenario for correction📝
Hello traders, Gold in 1-hour timeframe, this analysis was prepared in 1-hour timeframe but has been published for a better view in 2-hour timeframe.
In this analysis, I tried to frame the waves by channeling. In gold, we have two important ranges: the first range of 1811 and the second of 1834.
1811 Range: If the 1811 area is completely broken, the probability of gold rising is greatly reduced.
1834 range: If the price of this area is completely killed, the probability of its rise to the price of 1844 will increase.
We expect gold refinement to 1816-1816 in the form of Wave 4.
🙏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 this analysis, I tried to frame the waves by channeling. In gold, we have two important ranges: the first range of 1811 and the second of 1834.
1811 Range: If the 1811 area is completely broken, the probability of gold rising is greatly reduced.
1834 range: If the price of this area is completely killed, the probability of its rise to the price of 1844 will increase.
We expect gold refinement to 1816-1816 in the form of Wave 4.
🙏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!❤️