VasilyTrader

GOLD (XAUUSD): Key Levels to Watch Next Week 🥇

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar

Hey traders,

As I predicted, Gold bounced yesterday.
The market almost reached a daily supply area.

Here are the key levels for you to watch next week:
Resistance 1: 1720 - 1730 area
Resistance 2: 1758 - 1765 area

Support 1: 1681 - 1688 area

Consider these structure for pullback / breakout trading.
I will look for shorting opportunities from Resistance 1 expecting a bearish move to Support 1.
I will post an update once I spot a confirmation!

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