XAUUSD Wave Analysis
- Market is currently in corrective mode after big upside move
- We are slowly grinding towards support with weekly stochastic getting oversold
- Price still needs to go down a bit further before next buy position is possible
- We are waiting for significant price action and lower timeframe trend change
- Important news are coming which often act as a good catalyst.
- But news just lead to volatility, the direction is already given by the overall structure.
- Be patient and stick to your trading plan.
This for educational purpose only. No Investment advice. Trade with demo account before risking your own money.
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.