Today's XAUUSD Perspective Analysis
Hello, this is Aridanshaku
Today's perspective analysis
Since I completed the screenshots in a hurry
I will upload them
Content will be updated later
Thank you for waiting
XAUUSD 4-hour chart
The pink arrow line indicates a downtrend
At the 4-hour level, the trend has not yet changed
1986.17 is a resistance line that the short positions holders
want to defend
As seen at today’s high on the 4-hour chart
I analyze that a triple top is forming
When lowered to lower timeframes, it also forms a double top
So it has become a fairly strong resistance
As of yesterday, I analyzed the white arrow line as Wave 1 and Wave 2, but
Wave 2’s rebound is 50% of the Fibonacci level
From yesterday, I was thinking it might be shallower
If we consider today’s high as Wave 1, then
since there is a hunting zone on yesterday’s retracement
the green arrow line scenario becomes visible
Addendum
↓ The hunting zone was cleanly hunted
In this way, trading from the perspective of large funds is
my trading method
If you find it good
it motivates me
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