Hi traders,
XAUUSD is still in a corrective move down (black A-B-C).
Last week I said in my outlook gold can go down some more and after that up again. And this pair did exactly that!
Now the orderflow changed to bullish again. So for next week I think it goes up more to finish wave c (blue).
Let's see what price does and react.
If you want to learn more about trading with supply and demand and wave analysis, please make sure to follow me, give a like and respectful comment.
This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide signals.
Don't be emotional, just trade!
Eduwave
XAUUSD is still in a corrective move down (black A-B-C).
Last week I said in my outlook gold can go down some more and after that up again. And this pair did exactly that!
Now the orderflow changed to bullish again. So for next week I think it goes up more to finish wave c (blue).
Let's see what price does and react.
If you want to learn more about trading with supply and demand and wave analysis, please make sure to follow me, give a like and respectful comment.
This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide signals.
Don't be emotional, just trade!
Eduwave
VIP Discord EU with: my detailed daily outlook, strategy, weekly video outlook, my setups/ trades (no signals) and more: eduwavetrading.gumroad.com/l/vipdiscord Daily 10R profits with small risk!