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GOLD (XAUUSD): Two Zones to Watch Next Week



Hey traders,


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.

Good luck!


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