VasilyTrader

GOLD (XAUUSD): Your Trading Plan For Next Week🥇

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

Hey traders,

Analyzing a price action on intraday time frames I see some signs of accumulation and local indecision.
The price is stuck between two structure clusters:
1865 - 1975 resistance
1832 - 1840 support.

Next week, wait for a breakout of one of these structures.
Bullish breakout of resistance (4H candle close above) may trigger a bullish continuation to 1900
while a bearish violation of support may lead to a bearish movement to 1810 level.

Wait for a breakout and then follow the market.

❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️


âś…Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel www.youtube.com/c/VasilyTrader

đź’°Instagram: www.instagram.com/VasilyTrader/ đź’°

âś…Facebook: www.facebook.com/VasilyTrading/ âś…
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.