GOLD (XAUUSD): Your Trading Plan For Next Week Explained 🥇

This week was very slow for Gold.
The market was consolidating after setting a new all-time high.

Here are potential scenarios for next week.

If the price drops and closes below 2144 level on a daily,
it will confirm the strength of the sellers and a correctional movement will be anticipated
at least to 2090 level.

Alternatively, a bullish breakout of a falling trend line on a 4H time frame will be
an important bullish confirmation.
A retest of a current high will be anticipated then.

Patiently wait for a breakout next week,
that will be your trigger.

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