Another downmove for gold

Hi traders,

Last week XAUUSD made a bigger correction up, retested the higher Daily FVG, rejected from there and went lower.

Next week we could see price drop more (after a small correction up) to finish the (orange) W-X-Y Zigzag correction.

Let's see what price does and react.

Trade idea: Wait for a small correction up and a change in orderflow to bearish on a lower timeframe to trade shorts.

If you want to see more from my analysis, please make sure to follow me, give a boost 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 trade signals.

Don't be emotional, just trade!

Eduwave