Last week XAUUSD slowly went up after a bigger correction down the week before. It looks like this pair finished (grey) wave 4 and is now in (grey) wave 5. It this is true, then next week we could see more upside again.
Let's see what price does and react.
Trade idea: Wait for for a change in orderflow to bullish and a small correction down on an lower time frame to trade longs.
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This shared post is only my point of view on what could be the next move in this pair based on my analysis. If you don't agree, that's fine but I don't need to know it. I do not provide signals.
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Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.