XAUUSD Weekly 06Dec2020

Updated
XAUUSD Weekly Report: trend between 30Nov-04Dec2020
Weeky point Max 1844.36
Weekly point Min 1766.25

Consideration timeframe Daily used MA200 indicator found continuing to falling
The prediction for next week between 07-11Dec2020
XAUUSD: Next week the real resistance line at 1850

Preferred point in an downtrend, if 1850 is still resistance look for target 1800 or 1770.
and The preferred point in a uptrend, if resistance line more than 1850 look for target 1880 or 1900.
Trade closed manually
Technical IndicatorsTrend AnalysisXAUUSD

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