GOLD (XAUUSD): Two Zones to Watch Next Week
Bullish rally on Gold continues.
With a very bullish US session on Friday,
here are the next resistances that I will pay close attention to next week:
Resistance 1 - 1789 - 1798
It is the closest strong supply zone .
Wait for the confirmation to catch a pullback from there.
For now it can be a bearish breakout of rising trend line on 4h.
Resistance 2 - 1824 - 1833
This are is based on the summer's high levels.
Being reached, I will wait for a confirmation to catch a retracement leg.
For now my overall outlook for next week is bullish .
Let's see what the market will bring us.