VasilyTrader

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

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

As I predicted, Gold dropped this week.
The price successfully violated 1924 - 1940 horizontal demand cluster.

The broken structure turned into a supply area from where we saw a strong rejection of Friday.

I do believe that the market will keep falling next week.
Next support - 1900.

If the price goes higher, watch a falling trend line.
That will be the next resistance on focus.

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