Correction up for gold

Hi traders,

Last week's price action of XAUUSD did exactly what I've said in my outlook. It continued to drop lower the whole week.

Now we could see a (small) correction up to the higher Daily FVG and 38.2 fib. retracement.

Let's see what price does and react.

Trade idea: Don't trade. Or wait for a (small) correction down on a lower timeframe to trade (short term) longs.

If you want to see more from my 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 trade signals.

Don't be emotional, just trade!

Eduwave