In time 5 and 15 minutes, it is located in a descending channel, which can take two directions due to suffering in the current range. Either break the current supply range up to the top of the channel and then correct it up to the bottom of the channel and the demand range, or make the correction to the demand range and bottom of the channel with a fake break.
In the continuation of the previous analysis, it can be seen that gold should probably finish the lower cycle of wave 3 of 3 in the current area, and then wave 4 will have a smaller correction, and finally wave 5 will continue up to the 2.618 Fibonacci area or to the ceiling of the previous channel. to have Note that the higher cycle of wave 4 correction should...
In the daily time, it is moving in a descending channel, which is currently at the ceiling of the channel, and it has formed a divergence in MACD, which has also formed a corner pattern that can create a pullback to the neckline and then continue to the specified area. It has to continue its growth and get out of the downward channel.
Currently, it is around 50% of the previous Fibo, which can continue up to Fibo 38% of the support range of this correction, and then perform a corrective move up to the defined range where there is a compression, and finally, the correction is completed until the previous lag. Do a one-hour workout. Therefore, it is possible to enter a sell position if the candle...
It has broken its own support zone, and now the upward corrective movement can be a pullback to the zone that is currently used as resistance. Of course, in the demand area, there has been a positive divergence and it has risen again, which, if confirmed, can retest the previous floor.
In the time of 15 minutes, it is located in an important resistance zone, which, considering that it has tried to break the zone several times, and now the current kinetic movement will have the ability to break by maintaining the support zone up to the previous high compression.
In the following, it can continue until the green area or neck line before correction and then enter the next upward wave until the red box. Therefore, for the time being, it can be monitored to enter the continuation of the buy position if confirmed.
It is moving in a descending channel, which has already corrected 61.8 of the previous wave and if confirmed, it will be within the range until the bottom of the descending channel re-enters the TB trade. Therefore, you can wait for a pullback to the 186.750 area or a candle to confirm the continuation of the downward trend.
It is moving in a descending channel. With the failure of the neck line, this pullback can be the return to the broken structure to continue the path and the bottom of the channel of the specified support range.
It is moving in an ascending channel, and a negative divergence can be seen around the ceiling of the channel in the 2-hour time frame, which can make a pullback to the neck line range. Therefore, with the loss limit above the new ceiling, a short trade can be entered.