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Wait for the correction down on gold to go long

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Hi traders,

Last week XAUUSD made a correction down and after that another impulsive move up. So now the triangle pattern could be finished and the next bigger impulsive wave up has started.

Next week I expect this pair to make another correction down and after that we could see a strong upmove.

Let's see what price does and react.

Trade idea: Wait for a corection down to finish and trade longs after a change in orderflow to bullish 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!

Eduwave

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