EduwaveTrading

Gold could go lower again

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
Hi traders,

Last week XAUUSD did exactly what I've said in my outlook. It made another drop to finish the bigger correction down. After that it went up very corrective.

So for next week we could see another drop to finish a bigger complex pullback.

Let's see what price does and react.

Trade idea: wait for a clear direction to trade. At the moment it's not clear.

If you want to learn more about trading with ICT/ SMC concepts 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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