Soon a bigger correction down for gold.
Hi traders,
XAUUSD is still in wave 5. I think it can go up some more to the 4H supply maybe ending diagonal).
After that I expect a bigger correction down. At the moment there are no trade possibilities for me.
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
XAUUSD is still in wave 5. I think it can go up some more to the 4H supply maybe ending diagonal).
After that I expect a bigger correction down. At the moment there are no trade possibilities for me.
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