VasilyTrader

Gold (XAUUSD): Your Trading Plan For Next Week 🟡

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

Hey traders,

This week, Gold broke and closed above a key horizontal resistance cluster.
We see a correctional movement now.
The price is steadily falling within a falling channel on 1H.

To catch the next bullish movement, patiently wait for a bullish breakout of the resistance of the channel.
If the price breaks and closes above that, a bullish continuation will be expected
with the initial target being 2030 level.

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