Last week XAUUSD did exactly what I've said in my outlook. After the finish of the correction down and a retest into the lower Daily and 4H FVG, price went up again to make an ATH. There were some comments that I was wrong and price would not make an ATH. Well, I've made money. Did you?
Now price is rejecting and wave 5 (grey) could be finished. So next week we could see an impulsive move down.
Let's see what price does and react.
Trade idea: Wait for more development. This is not the time to trade gold.
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This shared post is only my point of view on what could be the next move in this pair based on my analysis. If you don't agree, that's fine but I don't need to know it. I do not provide signals.
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Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.