GOLD (XAUUSD): Bullish Outlook For Next Week 🥇

Long

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

Updated

OANDA:XAUUSD Gold Spot / U.S. Dollar

supportandresistance mtfa headandshoulders gold goldtrading goldidea goldusd goldanalysis xauusd trading

Hey traders,

Gold was falling nicely this week.
The price dropped to a strong horizontal key level.

On that the price formed a weird head and shoulders formation on hourly time frame.
Its neckline breakout confirms an overwhelming local bullish sentiment.

After the market opening I will expect a move up to 1806 / 1812 levels.

❤️Please, support this idea with like and comment!❤️

Comment:

Check my new idea on CHFJPY:

CHFJPY: Overbought Market & Correctional Move 🇨🇭🇯🇵

✅Join My Telegram Channel: t.me/VasilyTrading

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

💰Instagram: www.instagram.com/VasilyTrader/ 💰

✅Facebook: www.facebook.com/VasilyTrading/ ✅

Related Ideas

about USDJPY 19

about USDCAD 33

about GBPUSD 33

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.