richardli77

Gold ready for some correction?

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
After the much anticipated fed hike today, gold seems to have found buyers from 1900 and we could be in for some much needed correction from this crazy move these weeks!
Looking back to June 2021 (the last sharp selloff), we have replicated the wave (pip-wise) and could be in for some sort of similar correction (see chart)

not a signal but have another look if you are looking for sells now!

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