Hey traders,
This week was very bullish for Gold.
The price managed to set a new local higher high higher close.
Analyzing a price action an expanding wedge pattern can be spotted.
Higher lows are perfectly respecting its support
and higher highs are respecting its resistance.
Next week I will expect a bullish continuation within the boundaries of the wedge.
I will look for trend-following trades from its support.
Key resistances:
1813
1830
Good luck!
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Note
Check my new analysis on NZDUSD: 
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Related publications
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.