Hi fellow traders, my last setup on gold got stopped out. This happens because the correction can get bigger in size. As EW traders we have to continuously adapt to new situations and trade accordingly. XAUUSD is completing this larger WXY correction in an expanding flat pattern. Look for a buy opportunity from the blue box area. Target the resistance levels. Good luck and trade safe!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.