Hey traders,
This week was very bullish for Gold.
The price managed to set a new local higher high higher close.
Analyzing a price action an expanding wedge pattern can be spotted.
Higher lows are perfectly respecting its support
and higher highs are respecting its resistance.
Next week I will expect a bullish continuation within the boundaries of the wedge.
I will look for trend-following trades from its support.
Key resistances:
1813
1830
Good luck!
โค๏ธPlease, support this idea with like and comment!โค๏ธ
์ฝ๋ฉํธ:
Check my new analysis on NZDUSD:
โ
Join My Telegram Channel: t.me/VasilyTrading
โ๏ธYouTube Channel www.youtube.com/c/VasilyTrader
๐ฐInstagram: www.instagram.com/VasilyTrader/ ๐ฐ
โ Facebook: www.facebook.com/VasilyTrading/ โ
โ๏ธYouTube Channel www.youtube.com/c/VasilyTrader
๐ฐInstagram: www.instagram.com/VasilyTrader/ ๐ฐ
โ Facebook: www.facebook.com/VasilyTrading/ โ