Hi traders,
XAUUSD is moving up very slow. We don't like this kind of price action. This indicates that this pair is not ready to go up. So move your stops into profit and watch the market to play out.
It is possible XAUUSD will make a last drop and after that move up impulsive. Just wait and see.
There's no setup at the moment. So we sit on our hands.
If you want to learn more about trading with supply and demand and wave analysis, please make sure to follow us, give a like and comment.
This shared post is only our point of view on what could be the next move in this pair based on our analysis. We do not provide signals.
Don't be emotional, just trade!
Eduwave Trading
XAUUSD is moving up very slow. We don't like this kind of price action. This indicates that this pair is not ready to go up. So move your stops into profit and watch the market to play out.
It is possible XAUUSD will make a last drop and after that move up impulsive. Just wait and see.
There's no setup at the moment. So we sit on our hands.
If you want to learn more about trading with supply and demand and wave analysis, please make sure to follow us, give a like and comment.
This shared post is only our point of view on what could be the next move in this pair based on our analysis. We do not provide signals.
Don't be emotional, just trade!
Eduwave Trading