GOLD (XAUUSD): Key Levels to Watch This Week 🥇

Long

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

Updated

OANDA:XAUUSD Gold Spot / U.S. Dollar

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Hey traders,

Here is my latest structure analysis for Gold.

Support 1: 1721.0 - 1726.0 area
Support 2: 1677.0 - 1683.0 area

Resistance 1: 1753.0 - 1768.0 area
Resistance 2: 1780.0 - 1808.0 area

As you can see, the market is currently trading on Support 1.
I am waiting for a confirmation to buy to catch a pullback from that.
Alternatively, its bearish breakout will trigger a bearish continuation.

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