Gold Spot / U.S. Dollar

Short

GOLD: Outlook for Next Week

By VasilyTrader

Updated

snapshot

after gold established a lower high, we see a clear formation of a descending triangle.
most like the market will go lower and our focus in on 1400 structure support.

if bears break below this level, our next support will be around 1382.
You can use this level as a target for a short trade.

Note

Broke below support

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