Gold Spot / U.S. Dollar
Short

More downside for gold

307
Hi traders,

Last week XAUUSD continued the bigger correction down into the Daily FVG. From there it went up again. I think wave 4 hasn't finished yet.

So next week we could see more downside for this pair.

Let's see what price does and react.

Trade idea: Wait for a (small) correction up on a lower timeframe to trade (short term) shorts.

If you want to learn more about trading with ICT/ SMC concepts and wave analysis, please make sure to follow me, give a like 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. I do not provide signals.

Don't be emotional, just trade!

Eduwave

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