0918-0922 XAUUSD weekly outlook
Updated
Hello traders,
Quick review for gold's last week performance.
The pressure weekly line seems going to be broken but still need more signals to check this week.
The support seems valid for now.
In our last weekly outlook,
we were expecting 1886 to be retest again.
But it did not. Only test higher position 1900-1902.
So higher low appears and now it is good to check if price would make a new high to break the line on this weekly chart and reach 1st weekly pressure zone.
Then to check if gold would like to make new high after correction.
Good luck on this weekly breaking out plan.
LESS IS MORE!
Quick review for gold's last week performance.
The pressure weekly line seems going to be broken but still need more signals to check this week.
The support seems valid for now.
In our last weekly outlook,
we were expecting 1886 to be retest again.
But it did not. Only test higher position 1900-1902.
So higher low appears and now it is good to check if price would make a new high to break the line on this weekly chart and reach 1st weekly pressure zone.
Then to check if gold would like to make new high after correction.
Good luck on this weekly breaking out plan.
LESS IS MORE!
Note
Check more details on daily chart.Note
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Wechat: ziyuvera
Tele: t.me/VeraFuntrader
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