Hello traders, Gold in 1 hour time frame According to the analysis I published in the weekly and daily times, the gold scenario in this time frame should have changed as well.
Gold is currently forming wave 2 for wave 3 or 5 at high times.
In this wave, 2 microwaves a forming in the form of a red channel.
I suspect that wave a will move to the 1795 region and then a correction will begin to form wave B.
According to the wave structure, we can consider wave 2 as a zigzag.
If the wave breaks the 4 purple channels, it can be entered for purchase and the second wave is considered a flat.
🙏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!❤️
Gold is currently forming wave 2 for wave 3 or 5 at high times.
In this wave, 2 microwaves a forming in the form of a red channel.
I suspect that wave a will move to the 1795 region and then a correction will begin to form wave B.
According to the wave structure, we can consider wave 2 as a zigzag.
If the wave breaks the 4 purple channels, it can be entered for purchase and the second wave is considered a flat.
🙏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!❤️