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#Gold Analysis
Mark my words: if these 5 waves complete and after that we get one 1-hour candle closing above 4582 (a full body close, not just a wick), then 4582 will turn into support on the 1-hour timeframe.
Above that, 4610 is already a resistance on the 4-hour timeframe. The market will likely range between these levels.
If two 4-hour candles close above 4610, then nothing will be able to stop gold from going up to 6000… if that happens.
For now, gold is bearish, and this is not a signal—just an analysis...
#GOLD #XAUUSD #TradingCommunity
Mark my words: if these 5 waves complete and after that we get one 1-hour candle closing above 4582 (a full body close, not just a wick), then 4582 will turn into support on the 1-hour timeframe.
Above that, 4610 is already a resistance on the 4-hour timeframe. The market will likely range between these levels.
If two 4-hour candles close above 4610, then nothing will be able to stop gold from going up to 6000… if that happens.
For now, gold is bearish, and this is not a signal—just an analysis...
#GOLD #XAUUSD #TradingCommunity
Where is Gold Trader?
Are you Crypto Trader or Forex...
what do you think about Gold share your Analysis
Are you Crypto Trader or Forex...
what do you think about Gold share your Analysis
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