Long

GOLD (XAUUSD): Your Trading Plan For Next Week 🥇

Updated

Hey traders,

Gold is stuck within a horizontal trading range on intraday time frames,
the price is coiling between 1782.0 - 1788.0 support and 1826.0 - 1832.0 resistance.

To catch a bullish continuation, wait for a bullish breakout of the upper boundary of the range.
Your goal will be a major falling trend line that I spotted on 3 days time frame.

If the price keeps consolidating, wait for the test of the support of the range.
It will be the closest safe point for you to buy from with the initial target being 1811.0 level.

Good luck next week!

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VasilyTrader

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