Hello traders, Gold in its monthly timeframe forms its own wave 1, in the weekly timeframe we examine the 3rd, 4th and 5th waves.
Waves 3 and 4 are completed in the weekly time and now 5 microwaves are forming, wave 5 to Fibonacci 0.618 is very likely to go up and then we have to wait and see how the chart reacts, and then according to Decide on the strength of market players, the dollar index and the overall global climate.
Friends, if you are interested in putting a signal at the bottom of each analysis, write in the comments.
❤️Please, support this idea with a like and comment!❤️
Waves 3 and 4 are completed in the weekly time and now 5 microwaves are forming, wave 5 to Fibonacci 0.618 is very likely to go up and then we have to wait and see how the chart reacts, and then according to Decide on the strength of market players, the dollar index and the overall global climate.
Friends, if you are interested in putting a signal at the bottom of each analysis, write in the comments.
❤️Please, support this idea with a like and comment!❤️