Gold is about to fall again!
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.
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.
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