Gold is bearish next week

The market for gold is about to close on Friday, so I'm looking at today's move in a choppy correction for now.

The bottom support point is 1822-1818, the top is concerned about 1830-35, and it is expected to fluctuate in the range of 1817-1835 during the day.

But since the Fed will raise interest rates in March, I think it is unlikely that gold will continue to be bullish. Therefore, even if gold is still in an upward channel, I am still bearish for next week's trend.GOLD
GoldTrend Analysis

Disclaimer