GGL - Hourly Analysis - 25-01-2025

Sarfaraz Ahmad
Jan 25, 2025

Primary Structure: Potential Bullish Impulsive

Primary Trend: Bullish

Current Wave Structure: Potential Pullback in Wave "2".

Expectations: The structure in red wave "(x)" can be considered completed as the price climbed in five impulse waves from the low. This rise can be considered a leading expanding diagonal in black wave "1". We should expect a pullback minimum of three waves in black wave "2" that can find support around the golden ratio.

Recommendations: Wait for the pullback.

Previously :