# Trade Corrective Wave for Gold

> Trade the corrective wave pattern on gold with this chart setup.
- Title: Trade Corrective Wave for Gold · TradingView | Shortify
- Summary: Trade the corrective wave pattern on gold with this chart setup. A corrective wave pattern on gold suggests a short position opportunity.
- Keywords: corrective wave, gold, short, chart pattern, tradingview, xauusd, business, finance, Trade, Corrective, Wave
- Source: TradingView — https://tradingview.com/chart/XAUUSD/vqemTccD-Trade-The-Corrective-Wave
- Published: 2026-09-16T10:48:00+00:00
- Read time: 1 min
- Topics: corrective wave, gold, short, chart pattern, tradingview, xauusd, business, finance
## Corrective Wave Pattern
This chart shows a corrective wave pattern for gold trading on OANDA:XAUUSD.
## Short Position Setup
The pattern suggests a short position on gold for September 16.
## Technical Indicators
The chart uses descending wave, corrective wave, and Fibonacci retracement levels.
## Reversal Pattern
This pattern indicates a possible reversal for gold to go short.
## Disclaimer
The information does not constitute financial advice or recommendations.
## Key takeaway

A corrective wave pattern on gold suggests a short position opportunity.