• Vasily Trader

GOLD (XAUUSD): Important Breakout & Continuation (forecast)

Gold broke key level again.

And though I was quite confident in 1800 level, after two day's consolidation the price has easily broken that.

With yesterday's daily candle close I expect a bearish continuation next week.

The area around 1750 will be the next goal for sellers based on price action in May/June.