Hello traders, Gold in 4-hour timeframe, this analysis is prepared in 4-hour timeframe, but has been published for a better view in 8-hour timeframe.
In this analysis, we examine the beginning of wave c from wave d in daily time.
Wave c of wave d:
Wave 1 has ended and Wave 2 is forming.
Wave 2 is probably zigzagging, and from this zigzag, wave c is not yet complete.
Wave c ends from this point or the maximum Fibo 0.78 and after creating a safe safe price floor, it moves upwards to start wave 3.
The first target we intend will be the end of wave 1.
🙏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!❤️
In this analysis, we examine the beginning of wave c from wave d in daily time.
Wave c of wave d:
Wave 1 has ended and Wave 2 is forming.
Wave 2 is probably zigzagging, and from this zigzag, wave c is not yet complete.
Wave c ends from this point or the maximum Fibo 0.78 and after creating a safe safe price floor, it moves upwards to start wave 3.
The first target we intend will be the end of wave 1.
🙏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!❤️