XAU/USD Might Be Smashed By Sellers 🔨 🔨 🔨

💡 Trade Idea

📉 Sell Limit XAU/USD @ 1825.05

🎯 Target Profit 1799.44

🛑 Stop Loss 1837.78

❌ Do not risk more than 1 % of your account on each trade

🙂 Good Luck !

Description:

The price is trading within a wedge formation in a “wave 4” as per Elliott Wave Theory. A higher correction might be expected and then a move downward to the 1799.44 mark.
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Risk Disclaimer: All trading ideas published by “collegeofpips” are for educational purposes only. These posts can help you to enhance your trading skills, but please do your own research before opening any trading position. ⚠️
CFDForexGoldPivot PointsSupply and DemandSupport and ResistanceXAUUSDyellowmetal

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