XAUUSD is located at the beginning of microwave 5 of its main wave c. We evaluate the price after leaving the drift triangle pattern is equal to the wave before the triangle pattern, ie the main wave a, which we finally evaluate the continuation of the downward trend to the range of 1760.
There is another possibility that the price may move slightly upwards, in which case you will enter the sell trade from higher levels, but if the price crosses the range of 1915.35, the downside scenario will be invalid.
Do not be a buyer !!!
Set the stoploss at 1931.72 for sale and set the main stop at 1760. During the downtrend you can increase the volume by passing any support along the way, we will publish the analysis update at every step.
God bless You
There is another possibility that the price may move slightly upwards, in which case you will enter the sell trade from higher levels, but if the price crosses the range of 1915.35, the downside scenario will be invalid.
Do not be a buyer !!!
Set the stoploss at 1931.72 for sale and set the main stop at 1760. During the downtrend you can increase the volume by passing any support along the way, we will publish the analysis update at every step.
God bless You
