Last week XAUUSD did exactly what I've said in my outlook. After the finish of the correction down into the lower Daily FVG, price went up again to the higher Daily FVG.
Now price is rejecting from the higher Daily FVG so next week we could see a correction down. After that this pair could go higher again.
Let's see what price does and react.
Trade idea: Wait for the correction down to finish and after a change in orderflow to bullish on a lower timeframe, you could trade longs.
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This shared post is only my point of view on what could be the next move in this pair based on my analysis. If you don't agree, that's fine but I don't need to know it. I do not provide signals.
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As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.