Hi traders,
Look at our analysis last week! It played out exactly like we said. You could have made a big profit already.
For this week we expect a much lower move. So wait for your setup and go for a sell or if you're already in the sell, move your stop to break even.
There is a possibility that it will make a last move up. On the lower time frame we see an impulse leg with a small correction indicating that it wants to go higher. In this case XAUUSD will make a more complex correction.
Always think for yourself and wait for your own confirmation before you buy or sell.
If you want to learn more about trading with supply and demand and wave analysis, please make sure to follow us, give a like and comment.
This shared post is only our point of view on what could be the next move in this pair based on our analysis. We do not provide signals.
Don't be emotional, just trade!
Eduwave Trading
Look at our analysis last week! It played out exactly like we said. You could have made a big profit already.
For this week we expect a much lower move. So wait for your setup and go for a sell or if you're already in the sell, move your stop to break even.
There is a possibility that it will make a last move up. On the lower time frame we see an impulse leg with a small correction indicating that it wants to go higher. In this case XAUUSD will make a more complex correction.
Always think for yourself and wait for your own confirmation before you buy or sell.
If you want to learn more about trading with supply and demand and wave analysis, please make sure to follow us, give a like and comment.
This shared post is only our point of view on what could be the next move in this pair based on our analysis. We do not provide signals.
Don't be emotional, just trade!
Eduwave Trading