GOLD (XAUUSD): Update & Technical Outlook 🥇
https://www.tradingview.com/x/zgo8SpeT/
Gold perfectly respected a horizontal key level that we spotted earlier.
After a formation of a doji candle on that, the market bounced and violated
a resistance line of a falling wedge pattern.
The market keeps growing now.
The closest strong resistance that we can spot is 1924.
That will most likely be the next goal for the buyers.
Then, the futures direction of the market will depend on Powell's words.
❤️Please, support my work with like, thank you!❤️
Gold perfectly respected a horizontal key level that we spotted earlier.
After a formation of a doji candle on that, the market bounced and violated
a resistance line of a falling wedge pattern.
The market keeps growing now.
The closest strong resistance that we can spot is 1924.
That will most likely be the next goal for the buyers.
Then, the futures direction of the market will depend on Powell's words.
❤️Please, support my work with like, thank you!❤️
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