GOLD (XAUUSD): Important Breakout & Continuation

By VasilyTrader
snapshot

Gold broke key level again.
And though I was quite confident in 1800 level, after two day's consolidation the price has easily broken that.

With yesterday's daily candle close I expect a bearish continuation next week.

The area around 1750 will be the next goal for sellers based on price action in May/June.
Chart PatternsCommoditiesfuturesGoldMetalsTechnical AnalysistradingTrend AnalysisWave AnalysisXAUUSD
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