Last week, gold prices were slightly stable. As we can see from the chart, gold prices were between the price of 1788 as a high point and 1774 as a lower point.
I expect that during the beginning of next week, gold will complete the sideways trend until touching the bearish trend line on the 4h time frame.
In general, we expect a strong drop in gold prices, and we may witness 1766 and then 1735.
Reminder: "Stop loss" is very important factor in a successful traders.
XAUUSD
I expect that during the beginning of next week, gold will complete the sideways trend until touching the bearish trend line on the 4h time frame.
In general, we expect a strong drop in gold prices, and we may witness 1766 and then 1735.
Reminder: "Stop loss" is very important factor in a successful traders.
XAUUSD
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