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EduwaveTrading
Jan 20, 2024 4:24 PM

More down for Gold Short

Gold/U.S. DollarFXCM

Description

Hi traders,

Last week XAUUSD made another downmove and a correction up.

So for next week we could see this pair go lower again to continue the last wave C to complete the bigger (black) ABC correction down.

Let's see what price does and react.

Trade idea: trade sells after a change in orderflow to bearish.

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
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