GOLD (XAUUSD): Important Breakout & Bullish Outlook 🥇

22 באוק׳ 2022

Hey traders,

Gold reached a year's low this week.
The market has nicely respected that and we saw a strong bullish movement on Friday.

It turned out that the price managed to break and close above a resistance line of a falling wedge pattern on 4H time frame.
I believe that it will push the market higher next week.

Next resistance on focus will be 1665 / 1680

Good luck!

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