Up for gold!

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Hi traders,

Last week gold consolidated and dropped. It looks like the b-wave of the correction was a Triangle and now it's in the last Wave c (blue).

For next week we wait for the finish of the correction (Zigzag) into the Weekly FVG and after that we could trade longs again.

Let's see what price does and react.

Trade idea: Wait for the correction to finish and a change in orderflow to bullish to trade longs again.

If you want to learn more about trading FVG's & liquidity sweeps with wave analysis, please make sure to follow me.

This shared post is only my point of view on what could be the next move in this pair based on my technical analysis.

Don't be emotional, just trade your plan!

Eduwave

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