GOLD (XAUUSD): Bearish Scenario For Next Week Explained
After a 1-month long correctional movement within a bearish flag pattern,
on Friday the price finally broke and closed below its support.
A double top formation with a lower high and its neckline breakout increase the chances of a further decline next week.
I will expect a drop to 1763 / 1750 levels.
Good luck & have a great weekend, traders!