Gold is ready to go up again

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Hi traders,

Last week gold went up again after a correction to finish (orange) Wave D just as I've said in my outlook.

Next week we could see another move down for Wave E and after that the next impulsive wave 5 up.

Or the last correction down was already wave E and gold started the next impulsive wave up.
In both cases gold will shoot up after a correction down.

Let's see what price does and react.

Trade idea: Wait for a small correction down on a lower timeframe and a change in orderflow to bullish to trade longs.

If you want to learn more about trading FVG's & liquidity sweeps with wave analysis, please make sure to follow me.

This shared post is only my point of view on what could be the next move in this pair based on my technical analysis.

Don't be emotional, just trade your plan!

Eduwave

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