Gold Price Analysis for Next Week
Gold is testing the upper boundary of the ascending channel and the 1H selling zone (2693 - 2686).
Two Possible Scenarios:
📉 Rejection at Resistance (2693 - 2686):
Targets:
2665 (Risk Zone)
2643 - 2648 (Order Block) – Best place to buy gold
📈 Breakout Above Resistance (2693 - 2686):
Next Target: 2715 - 2720 (Major Resistance Zone)
Gold is testing the upper boundary of the ascending channel and the 1H selling zone (2693 - 2686).
Two Possible Scenarios:
📉 Rejection at Resistance (2693 - 2686):
Targets:
2665 (Risk Zone)
2643 - 2648 (Order Block) – Best place to buy gold
📈 Breakout Above Resistance (2693 - 2686):
Next Target: 2715 - 2720 (Major Resistance Zone)
🔝 The Greatest Analysis on Earth! : t.me/invotrading
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.
🔝 The Greatest Analysis on Earth! : t.me/invotrading
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.