CollegeofPips

XAU/USD Might Be Smashed By Sellers 🔨 🔨 🔨

Short
OANDA:XAUUSD   Or / Dollar Américain
💡 Trade Idea

📉 Sell Limit XAU/USD @ 1825.05

🎯 Target Profit 1799.44

🛑 Stop Loss 1837.78

❌ Do not risk more than 1 % of your account on each trade

🙂 Good Luck !

Description:

The price is trading within a wedge formation in a “wave 4” as per Elliott Wave Theory. A higher correction might be expected and then a move downward to the 1799.44 mark.
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