EduwaveTrading

Another drop for gold

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
Hi traders,

Last week XAUUSD did exactly what I've said in my outlook. It went a little bit lower and then it started the correction up.

So for next week we could see another drop to finish the bigger correction down.

Let's see what price does and react.

Trade idea: wait for a correction up and a change in orderflow to bearish on a lower timeframe to go short.

If you want to learn more about trading with ICT/ SMC concepts 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

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