GOLD (XAUUSD): Bearish Outlook For Next Week 🥇

Hey traders,

Gold is steadily falling from 2000 supply cluster.
The market found a local intraday support around 1934 - 1941 levels and was consolidating around that and retracing nicely.

On Friday, the price broke that demand area to the downside and closed below that on 4H.

I believe that next week we can expect a further decline.
Next goal for sellers - 1919

Have a wonderful weekend, trades.

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Commentaire:

Check my new idea on EURUSD: