Up for gold

134
Hi traders,

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.

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.
If you don't agree, that's fine but I don't need to know it.
I do not provide signals.

Don't be emotional, just trade!

Eduwave

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