Gold weekly outlook
Gold price moved lower after a failed attempt to sustain above $1840 resistance on Monday. XAUUSD is expected to extend the losses and currently trading near $1820 support. A drop below June's low of $1805 would increase the move beneath $1800 over the next few weeks. We will be looking to sell Gold after a pullback higher and after price action sell signal.
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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.