Gold Consolidation: Key Breakout Levels to Watch for Next Week

15 nov.

Gold is consolidating around key levels on the 15-minute chart, with recent buy and sell signals indicating potential for a breakout. Traders should watch for a bullish breakout above 2,568.94 for a buy opportunity, targeting levels like 2,580 and 2,600. Conversely, a bearish breakdown below 2,563.78 could signal a sell, with targets around 2,550 and 2,540. Monitor moving average crossovers and external economic events to confirm trend direction.