VasilyTrader

Gold (XAUUSD): Key Levels to Watch Next Week 🟡

Long
OANDA:XAUUSD   Or / Dollar AmĂ©ricain

Gold was unstoppable this week after the CPI report.
Ahead, I see 2 solid resistances:

Resistance 1: 1915 - 1920 area
Resistance 2: 1995 - 1998 area

I will look for shorting opportunities from Resistance 1 next week,
monitoring the intraday price action.

However, if the price breaks and closes above that on a daily,
the market will most likely head towards Resistance 2.

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