naldoXAU

My idea on what will happen with XAUUSD for next week.

OANDA:XAUUSD   Gold Spot / U.S. Dollar
As you can see in the chart we have a textbook uptrend that is leading towards 1890 which is a key resistance/selling area. If the area is broken, I think we will see a long-term bullish trend while in contrast, if this area is not broken, I think it will bounce back down to 1873. If 1890 is broken as well as the subsequent high of 1910 then I think 1953 and even 2000 will be possible.

Discussions and critiques are welcome.


XAUUSD
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