Multiple possibilities on XAUUSD

Hi traders,

So if you sold after the small correction like we said last week you should have made some really good profit!
For this week there are multiple possibilities. We think XAUUSD will go down more. So after a correction in the last supply area with confluence of the fib retracement 61.8-78.6, we will sell again.
But there is a possibility that it will make a last impulse leg up for the completion of an expanding flat correction. So let price decide what to do.

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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.

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Eduwave Trading