GOLD (XAUUSD): Bearish Outlook For Next Week Explained 🥇

Short

Gold Spot / U.S. Dollar (OANDA:XAUUSD)

OANDA:XAUUSD Gold Spot / U.S. Dollar

Trend Lines Wave Analysis Candlestick Analysis Gold XAUUSD goldsignals goldtrading goldanalysis goldtrader xauusdsignals Contains image

trendline waveanalysis candlestick gold xauusd goldsignals goldtrading goldanalysis goldtrader xauusdsignals containsimage

snapshot

Gold was very bearish this week and the price managed to set a new local
lower low lower close, violating a solid rising trend line.

Even though the market closed recovering, I remain bearish biased.
I do believe that the fall will continue next week.

Next support - 1980

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