Gold (XAUUSD): What to Look at Next Week?! 🟡

2 באוק׳ 2022

Hey traders,

Gold has nicely recovered from 1618 level.
I consider a current bullish move to be a correctional movement and I will try to catch the next bearish wave next week.

On focus will be 3 strong resistances:

Resistance 1: 1680 - 1700 area
Resistance 2: 1720 - 1735 area
Resistance 3: 1758 - 1765 area

Patiently wait for the test of one of these areas and then wait for a confirmation to short.
I will post an update once I spot a good confirmation.


❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️