Another drop for gold
Hi traders,
Last week XAUUSD made a bigger correction up, retested the whole Daily FVG rejected from there and went lower.
Next week we could see price drop again (after a small correction up) to finish the (orange) W-X-Y Zigzag correction.
Let's see what price does and react.
Trade idea: Wait for a change in orderflow to bearish after a correction up on a lower timeframe to trade shorts.
If you want to see more from my analysis, please make sure to follow me, give a boost 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 trade signals.
Don't be emotional, just trade!
Eduwave
Last week XAUUSD made a bigger correction up, retested the whole Daily FVG rejected from there and went lower.
Next week we could see price drop again (after a small correction up) to finish the (orange) W-X-Y Zigzag correction.
Let's see what price does and react.
Trade idea: Wait for a change in orderflow to bearish after a correction up on a lower timeframe to trade shorts.
If you want to see more from my analysis, please make sure to follow me, give a boost 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 trade signals.
Don't be emotional, just trade!
Eduwave
🆓 Check my IG posts for a free strategy. I'm here to help.
💯 Learn to trade my profitable strategy with my e-book, inclusive in my VIP Discord: eduwavetrading.gumroad.com/l/vipdiscord
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💯 Learn to trade my profitable strategy with my e-book, inclusive in my VIP Discord: eduwavetrading.gumroad.com/l/vipdiscord
🔥 More (free) products: eduwavetrading.gumroad.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🆓 Check my IG posts for a free strategy. I'm here to help.
💯 Learn to trade my profitable strategy with my e-book, inclusive in my VIP Discord: eduwavetrading.gumroad.com/l/vipdiscord
🔥 More (free) products: eduwavetrading.gumroad.com
💯 Learn to trade my profitable strategy with my e-book, inclusive in my VIP Discord: eduwavetrading.gumroad.com/l/vipdiscord
🔥 More (free) products: eduwavetrading.gumroad.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.