What a crazy bullish move initiated on Gold on Friday, following the escalation of a conflict in the Middle East.
I believe that the market will most likely keep growing next week. So far, our closest key resistance is 1942 - 1953 area, that structure will most likely be tested.
Moreover, we may see the breakout attempt of that. In case of a daily candle close above, a bullish movement will be anticipated to 1971 level.
I will monitor the charts and share with you the updates.
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.