GOLD (XAUUSD): How to Catch The Next Bullish Move🥇
Updated
Hey traders,
Gold nicely reacted to a key weekly structure support in the middle of July
and the market was growing for 3 consequent weeks.
The market is approaching a key weekly resistance now.
To catch the next bullish move, you should wait for a bullish breakout of 1780 - 1805 area.
Its bullish violation will trigger a bullish continuation to 1870.
I believe that Gold is quite overbought locally and we may see a correctional movement from the underlined resistance first.
Be patient traders, if I see a good shorting opportunity I will share that with you!
Good luck next week!
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
Comment
Check my new analysis on EURUSD: 
✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.