GOLD (XAUUSD): Your Trading Plan For Next Week Explained 🥇
https://www.tradingview.com/x/LdTYTgW0/
This week was very slow for Gold.
The market was consolidating after setting a new all-time high.
Here are potential scenarios for next week.
If the price drops and closes below 2144 level on a daily,
it will confirm the strength of the sellers and a correctional movement will be anticipated
at least to 2090 level.
Alternatively, a bullish breakout of a falling trend line on a 4H time frame will be
an important bullish confirmation.
A retest of a current high will be anticipated then.
Patiently wait for a breakout next week,
that will be your trigger.
❤️Please, support my work with like, thank you!❤️
This week was very slow for Gold.
The market was consolidating after setting a new all-time high.
Here are potential scenarios for next week.
If the price drops and closes below 2144 level on a daily,
it will confirm the strength of the sellers and a correctional movement will be anticipated
at least to 2090 level.
Alternatively, a bullish breakout of a falling trend line on a 4H time frame will be
an important bullish confirmation.
A retest of a current high will be anticipated then.
Patiently wait for a breakout next week,
that will be your trigger.
❤️Please, support my work with like, thank you!❤️
✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.