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GOLD: outlook for next week

Short
Or / Dollar Américain (FX:XAUUSD)  
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FX:XAUUSD   Or / Dollar Américain
Trend Analysis Chart Patterns Technical Indicators Metals Commodities commoditytrading metalsignals futures forecast Technical Analysis Gold
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trendanalysis chartpattern indicator metals commodities commoditytrading metalsignals futures forecast technicalanalysis gold
snapshot

Gold is again trading above 1280 structure resistance level.
Due to strong bullish momentum, the market will most likely reach 1295-1300 resistance area.

Taking into account structure on the left, resistance line of a descending triangle,
and projection of BC leg of harmonic ABCD pattern, we have a very good area to sell.

Initial target is 1280.

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