✔️ #XAUUSD analysis (8H) Update As discussed in our previous analysis, which you can find in the related ideas, Gold has already made a strong bullish move. However, the move was particularly powerful and substantial, raising the possibility that we may not see another lower low in Gold. We have identified two key demand zones on the chart. Both zones have already provided confirmation and entry triggers on lower timeframes, offering potential opportunities to enter new buy positions. Gold has also completed a reasonable correction in both price and time, reaching a strong support area. This could provide a favorable foundation for another bullish continuation. As always, monitor the lower timeframes for confirmation and a valid entry trigger before entering a position. 🔗 @FX_Behdark

🕯 #UKOIL analysis (1D) It appears that a large triangle is forming on the Brent crude oil chart, with its final wave, Wave E, currently nearing completion. The green zone represents the potential area where Wave E could terminate. As long as the green zone holds, a new bullish wave could begin, potentially leading to significant upside targets. The targets are marked on the chart. A daily candle close below the invalidation level would invalidate this analysis. 🔗 @FX_Behdark

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