setup analysis: hidden divergence - 1.27 fib support level- demand zone- expected two wave correction after three wave bearish wave.
setup analysis: weekly candle closed below supply zone - price is trapped below fib level 0.61 and couldn't break up.
SETUP ANALYSIS: 1-the bullish trend of gold is pushed by double bottoms . 2-Hidden divergence 3- momentum divergence 4- 1.27 fib support of the double bottoms
setup analysis: divergence in volume and momentum - a 1.27 fib resistance
Setup analysis: -demand zone - fib extension 1.27 - three 8h bullish candles
SETUP ANALYSIS: price closed below supply zone and tried to break above it but failed. it is expected to continue downtrend to reach 32000 level
setup analysis: supply zone - fib level 1.27 - divergence 4h 8h chart
Setup analysis: Fib retracement- double top- divergence
setup Analysis: second wave correction - Fib correction of the last bullish wave. trendline breakout