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GOLD: outlook for next week

Short
Gold Spot / U.S. Dollar (FX:XAUUSD)  
VasilyTrader Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis Metals Commodities signals trading Technical Analysis Gold dollar futures options
39
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trendanalysis chartpattern waveanalysis metals commodities signals trading technicalanalysis gold dollar futures options
snapshot

Trend is bearish.
The market is trading inside a trading range (1287-1267).
After it touched 1267 on Friday, we see good bullish impulse.

Most likely the market will reach the resistance level of the trading range -1287. (preferably, 1285)
It will be a perfect level to sell.

Comment:
market has respected a resistance level
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