VasilyTrader

GOLD (XAUUSD): Very Bearish Outlook For Next Week 🥇

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar

Hey traders,

From the beginning of September, Gold remains very bearish:
the price is steadily falling within an expanding wedge pattern.
At the end of the week we got -5% decline.

Next week I will expect a bearish continuation within the boundaries of the wedge .
If you do not have an active position consider the test of its resistance for occasional shorting.

Supports to watch: 1730 / 1700

❤️Please, support this idea with like and comment!❤️
Comment: Check my new idea on GBPCAD: