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Gold Spot / U.S. Dollar
Long

GOLD (XAUUSD): Technical Outlook For Next Week 🥇

By VasilyTrader
Updated
snapshot

Hey traders,

Gold keeps rallying.
Due to a current geopolitical situation investors moving their money to safe-haven assets.
In case of the escalation of the conflict, a further bullish continuation will be expected.

Next week, watch 1950 - 1975 resistance cluster.
Its bullish breakout will trigger a bullish continuation to the ATH.

Also, monitor the news about peace.
It will trigger a pullback from the underlined structures.

Good luck!

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Check my new idea on EURUSD:
EURUSD: Very Bearish Outlook 🇪🇺🇺🇸
Fundamental Analysisfundamental-analysisGoldgoldanalysisgoldideagoldtradinggoldusdParallel ChannelSupply and DemandXAUUSD
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