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

Dec 4, 2021

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.

❤️Please, support this idea with like and comment!❤️

Dec 5, 2021

Note

Check my new idea on EURUSD: