Gold (XAUUSD): Bearish Outlook For Next Week 🟡

Short

Gold Spot / U.S. Dollar (OANDA:XAUUSD)

OANDA:XAUUSD Gold Spot / U.S. Dollar

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Hey traders,

Gold has nicely dropped this week.
The price broke and closed below a support line of a rising wedge pattern with a high momentum bullish candle.

I believe that we may expect a bearish continuation next week.
Next support on focus will be 1760 - 1769 area.

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