VasilyTrader

GOLD (XAUUSD): Your Trading Plan For Next Week 🥇

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

Hey traders,

This week, Gold reached 1724 - 1735 horizontal supply cluster.
We see a strong bearish reaction from that.

Ahead is a key horizontal demand area: 1675 - 1697.
To catch the next trend-following move, patiently wait for its bearish breakout.
You need a daily candle close below to confirm that.

A bearish continuation will be expected then to 1623 level.

Wait for a breakout, traders!
That will be our trigger.

Have a great weekend!

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