Hi traders,
I thought gold was still in a bigger correction but it went down more instead. A few weeks ago I had a comment that I had to give up my idea of shorting XAUUSD. I responded that I was already short from 1995. You can see my position on the chart. I want to say that you have to respect each others opinion about the direction of the market. Always trade your own idea and plan.
I think for next week XAUUSD will drop more to finish the bigger flat correction. So I will look for sell setups.
If you want to learn more about trading with supply and demand and wave analysis, make sure to follow me.
If you find this analysis useful, please give a like or 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 this for free but do not provide signals or courses.
Don't be emotional, just trade!
Eduwave
I thought gold was still in a bigger correction but it went down more instead. A few weeks ago I had a comment that I had to give up my idea of shorting XAUUSD. I responded that I was already short from 1995. You can see my position on the chart. I want to say that you have to respect each others opinion about the direction of the market. Always trade your own idea and plan.
I think for next week XAUUSD will drop more to finish the bigger flat correction. So I will look for sell setups.
If you want to learn more about trading with supply and demand and wave analysis, make sure to follow me.
If you find this analysis useful, please give a like or 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 this for free but do not provide signals or courses.
Don't be emotional, just trade!
Eduwave