quangcttn

Wave structure 4H, 15M

quangcttn Updated   
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
The 15m time frame is a bearish wave but is only a 4h retracement wave. If the 15m SwingStrong is broken, then the 15m turns to an uptrend and coincides with the 4h uptrend, then the price will break the 4H Swing Strong.
Comment:
Price still fluctuates between Swing High and SwingLow in the 4h time frame so the 4h wave structure does not change
Comment:
Today the price continues to fall and penetrates the 4H Swinglow, this is the reason we should watch to sell when the price rises again.

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