Gold is ready to go up

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Hi traders,

It turned out that gold made a bigger correction wave 4 (grey) down. Last week gold immediately dropped and after it came into the 4H FVG it rejected and went impulsively up.

So next week we could see more upside for wave 5 (grey).

Let's see what price does and react.

Trade idea: Wait for a small correction down on a lower trimeframe 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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