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!
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