GOLD (XAUUSD): Very Bearish Outlook For Next Week 🥇

Short

Or / Dollar Américain (OANDA:XAUUSD)

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OANDA:XAUUSD Or / Dollar Américain

wedgepattern chartpattern waveanalysis gold xauusd silver xagusd futures

Hey traders,

From the beginning of September, Gold remains very bearish:
the price is steadily falling within an expanding wedge pattern.
At the end of the week we got -5% decline.

Next week I will expect a bearish continuation within the boundaries of the wedge.
If you do not have an active position consider the test of its resistance for occasional shorting.

Supports to watch: 1730 / 1700

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