GOLD (XAUUSD) Price Action & Outlook for Next Week
For a quite long period of time, I remain bullish biased on gold.
Wednesday's bullish move and bullish violation of a falling trend line on 4H was a quite important bullish clue to consider.
After some stagnation and consolidation, the price has dropped retesting the broken trend line.
A positive bullish reaction, especially on hourly, makes me think that next week bullish continuation will follow.
The price may retest a current local 4H high and then go even higher.
Good luck and have a great weekend!
Note
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.