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GOLD (XAUUSD): Two Zones to Watch Next Week 🥇
Oro / Dollaro
Short
GOLD (XAUUSD): Two Zones to Watch Next Week 🥇
Di VasilyTrader
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Aggiornato
16 ago 2021
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15 ago 2021
Hey traders,
Bullish rally on Gold continues.
With a very bullish US session on Friday,
here are the next resistances that I will pay close attention to next week:
Resistance 1 - 1789 - 1798
It is the closest strong supply zone.
Wait for the confirmation to catch a pullback from there.
For now it can be a bearish breakout of rising trend line on 4h.
Resistance 2 - 1824 - 1833
This are is based on the summer's high levels.
Being reached, I will wait for a confirmation to catch a retracement leg.
For now my overall outlook for next week is bullish.
Let's see what the market will bring us.
Good luck!
❤️Please, support this idea with a like and comment!❤️
16 ago 2021
Nota
Check my new analysis on GBPUSD, NZDUSD, GBPJPY, AUDNZD:
futures
Gold
Silver
Supply and Demand
Support and Resistance
Trend Lines
XAG USD ( Silver / US Dollar)
XAUUSD
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