Gold Spot / U.S. Dollar
Short

More down for gold

217
Hi traders,

Last week XAUUSD went up a little bit more and after it took out the high it dropped just like I've said in my outlook. So did you make some profit?

Next week we could see a correction up and after that another drop to finish the bigger complex pullback.

Let's see what price does and react.

Trade idea: Trade sells after a correction up and a change in orderflow to bearish on a lower timeframe.

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!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.