GOLD (XAUUSD): Key Levels to Watch Next Week 🥇
Updated
Hey traders,
For the last 8 trading days, gold remains quite weak.
Here are key levels to watch next week:
- Support 1:
1758 - 1764 demand zone - Support 2:
1718 - 1726 demand zone - Support 3:
1674 - 1682 demand zone - Resistance 1:
Major falling trend line connecting the last 3 lower highs. - Resistance 2:
1873 - 1880 supply zone
Consider these key levels for pullback/trend-following/breakout trading.
Wait for a confirmation on a key level first before you open a trading position.
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