Hi traders,
Due to the geopolitical situation with Israel XAUUSD finished the bigger correction (changed to black A-B-C correction again) and is now in the next impulsive wave up.
Last week I said price could go up again. So the wavecount doesn't matter as long as the direction is right you make money.
For next week we could see a (small) correction down and up again. So look for a LTF correction down, a change in orderflow to bullish and trade buys.
Let's see what price does and react.
If you want to learn more about trading with supply and demand 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
Due to the geopolitical situation with Israel XAUUSD finished the bigger correction (changed to black A-B-C correction again) and is now in the next impulsive wave up.
Last week I said price could go up again. So the wavecount doesn't matter as long as the direction is right you make money.
For next week we could see a (small) correction down and up again. So look for a LTF correction down, a change in orderflow to bullish and trade buys.
Let's see what price does and react.
If you want to learn more about trading with supply and demand 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