GOLD (XAUUSD): What to Expect Next Week? Technical Outlook 🥇
Updated
Hey traders,
What a bullish Friday was on Gold.
The price bounced nicely from a support line of an expanding wedge pattern reaching its resistance.
Next week I will expect a bullish continuation within the boundaries of the wedge.
After a slight retracement from its upper boundary buyers will aim at 1830 - 1832 cluster.
That zone is a key summer's high.
As the yellow zone is reached, I will look for a pullback trade from there.
Have a great weekend!
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