Since the price within a clear bullish trend through an impulsive structure, specifically inside wave (4) of wave of wave 3 of wave (1)/(A), we expect more bullishness through wave (5) of wave 3 ideally to the zone between 1.1197 – 1.1716 levels +
Since the price within a clear bullish trend through an impulsive structure, specifically inside wave (4) of wave of wave 3 of wave (1)/(A), we expect more bullishness through wave (5) of wave 3 ideally to the zone between 1.1197 – 1.1716 levels +
After completing wave (1)/(A) and following it with wave W and X of a double zigzag pattern representing wave (2)/(B), we anticipate further bullish movement through the sub-waves of wave y of wave (2)/(B). This is expected to drive the price ideally to the 31/999 - 32.582 area.
After completing wave (1)/(A) and following it with wave W and X of a double zigzag pattern representing wave (2)/(B), we anticipate further bullish movement through the sub-waves of wave y of wave (2)/(B). This is expected to drive the price ideally to the 31/999 - 32.582 area.
The price is moving in a clear bearish direction through an impulsive wave structure that represents wave (1)/(A), and now it got to the lower boundary of the price channel that represents a reversal zone that can trigger the beginning of the corrective wave (2)/(B).
#xauusd
The price is moving in a clear bearish direction through an impulsive wave structure that represents wave (1)/(A), and now it got to the lower boundary of the price channel that represents a reversal zone that can trigger the beginning of the corrective wave (2)/(B).
#xauusd