ckloi

Long and short bias for up coming week

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Obviously overall gold still in an up trend, as price broke out of the weekly/daily down channel. If bull continue the upside run 1950 will be a next stop. If price wanna go for a retrace for a better price to continue the bull run, hourly resistance will be a great opportunity for a short position.
Disclaimer

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.