Hi traders,
Last week XAUUSD continued to go up more.
It looks like it's now ready for a correction down. It left much imbalance on the way up so next week I expect a move lower to fill this and take some liquidity under the lows of the triangle.
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
Last week XAUUSD continued to go up more.
It looks like it's now ready for a correction down. It left much imbalance on the way up so next week I expect a move lower to fill this and take some liquidity under the lows of the triangle.
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