WeTradeWAVES

Gold looks to push 1 more up next week before big fall

OANDA:XAUUSD   Gold Spot / U.S. Dollar
As you all know we are not buying gold despite getting setups we always let you know when we see buy setup but we wont buy it because we usually look for sharp waves in the next long term trend and we can see gold is almost ready for the next big wave downwards. However next week it looks like this structure will push gold up again to break the top if you want to buy it make sure to take profit once the top is taken.

Now, after experimenting all the technical analysis techniques over the past 8+ years, i.e. Dow theory, Elliott wave theory, Advanced patterns, Harmonic patterns , Support & Resistance , Chart patterns and Indicators.These methods might be working for so many people but we came to the conclusion that only "Wave Analysis" is powerful enough to make us consistent profitable forex traders.

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What we are sharing here is only our point of view on what could be the next move in the "Forex market" based on Wave Analysis and not signals...

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