GOLD (XAUUSD): What to Expect Next Week? Technical Outlook 🥇

Hey traders,

What a bullish Friday was on Gold.
The price bounced nicely from a support line of an expanding wedge pattern reaching its resistance.

Next week I will expect a bullish continuation within the boundaries of the wedge.
After a slight retracement from its upper boundary buyers will aim at 1830 - 1832 cluster.
That zone is a key summer's high.

As the yellow zone is reached, I will look for a pullback trade from there.

Have a great weekend!

❤️Please, support this idea with a like and comment!❤️

评论:

Check my new analysis on EURUSD: