GOLD (XAUUSD): Technical Outlook For Next Week! Price Action
This week was very bullish for Gold .
The price managed to set a new local higher high higher close.
Analyzing a price action an expanding wedge pattern can be spotted.
Higher lows are perfectly respecting its support
and higher highs are respecting its resistance.
Next week I will expect a bullish continuation within the boundaries of the wedge .
I will look for trend-following trades from its support.