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Gold Spot / U.S. Dollar
Jan 11
Gold Price Analysis for Next Week
2
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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)
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