Hello traders, in the daily time we examine one of the two possible probabilities for gold.
In this probability, gold is still in its correction of wave 4, wave 2 completes itself with 550 candlesticks and we expect wave 4 to correct it longer or at least close to Wave 2 to observe the principle of repentance. Gold is at a point where if the resistance above its head, until the 1920-1916, does not break, its trend will change completely, and it will go lower from this area and its previous floor, from 1670, and the wave will be 4 zigzags, and this analysis must be completely violated.
Consider this possibility because in these circumstances the law of rotation will be more stable.
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In this probability, gold is still in its correction of wave 4, wave 2 completes itself with 550 candlesticks and we expect wave 4 to correct it longer or at least close to Wave 2 to observe the principle of repentance. Gold is at a point where if the resistance above its head, until the 1920-1916, does not break, its trend will change completely, and it will go lower from this area and its previous floor, from 1670, and the wave will be 4 zigzags, and this analysis must be completely violated.
Consider this possibility because in these circumstances the law of rotation will be more stable.
❤️Please, support this idea with a like and comment!❤️