In this setup, we saw a strong corrective wave form on the weekly timeframe following some strong fundamentals. I expect to see some retracement to the original wave lows and a huge market correction as we end the year 2023
Market open Monday morning 31.10.22.
We saw a lot of liquidity on this pair last week after it attained new highs. Looking for a short pullback in the NFP week before resuming main trend
we have been very bullish on gold following the Russia-Ukraine war. However, after reaching the yearly highs, we can expect some sort of rejection here