HectorBrown1

XAUUSD: Lucrative week, next week

Long
HectorBrown1 Updated   
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
The Israeli-Palestinian conflict escalated sharply, and panic helped gold jump more than $60.
At the same time, the Federal Reserve spoke, sending a heavy signal, or ending the pace of interest rate hikes.
Next week brings the focus of the Fed's frequent speeches, especially whether Powell has brought surprising remarks.
Next week watch for a continuation of the rally above 1920, with new highs continuing to see resistance pressure in the 1947-1950 area.
At the same time, if the market continues to fall back and adjust, it has fallen below the 1920 position and continues to see support at the 1900 position.
We also made a profit of nearly 150 points this week, and next week we will focus on whether the conflict escalates!
If you are confused about trading, please join me, I believe you will have a great harvest!
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Have a great weekend, everyone!
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