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

Long

Gold Spot / U.S. Dollar (OANDA:XAUUSD)

Updated

OANDA:XAUUSD Gold Spot / U.S. Dollar

Supply and Demand Rectangle Parallel Channel Gold goldtrading goldidea goldusd goldanalysis trading XAUUSD

supplyanddemand rectangle parallelchannel gold goldtrading goldidea goldusd goldanalysis trading xauusd

snapshot

Hey traders,

After a 1-month-long consolidation within a horizontal trading range,
Gold finally violated its resistance this week.
The price broke and closed above that.

Now we see its retest.
Next week I will expect a bullish continuation to 1855 level.

Good luck!

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MarketBreakdown | USDCAD, GOLD, AUDUSD, EURCHF

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