Hey traders,
Here is my latest structure analysis for Gold:
The price is currently consolidating between 2 structures:
Resistance 1: 1754 - 1766 area
Support 1: 1727 - 1735 area
I guess the market may keep coiling between these areas next week.
The breakout of one of those will trigger a bullish/bearish continuation.
Next support: major falling trend line
Next resistance: 1801 - 1808 area
Good luck next week!
โค๏ธIf you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!โค๏ธ
โ
Join My Telegram Channel: t.me/VasilyTrading
โ๏ธYouTube Channel www.youtube.com/c/VasilyTrader
๐ฐInstagram: www.instagram.com/VasilyTrader/ ๐ฐ
โ Facebook: www.facebook.com/VasilyTrading/ โ
โ๏ธYouTube Channel www.youtube.com/c/VasilyTrader
๐ฐInstagram: www.instagram.com/VasilyTrader/ ๐ฐ
โ Facebook: www.facebook.com/VasilyTrading/ โ