Hi traders,

Last week gold finished the WXY-correction with a Triangle.
After that it went up very impulsive.

This could be the first impulsive move of a longer term bulliish trend.

Let's see what price does and react.

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

This shared post is only my point of view on what could be the next move in this pair based on my technical analysis.
But I react and trade on what I see in the chart, not what I've predicted or expect.

Manage your emotions, trade your edge!

Eduwave