GOLD (XAUUSD): What to Expect Next Week? Technical Outlook 🥇

Hey traders,

GOLD (XAUUSD) keeps trading below a major daily supply zone.
With two consequent dodji candles we see the current weakness of bulls on a daily.

Analyzing 4H, we see that the market is currently trading in a local bearish trend.
The price is steadily falling within an expanding wedge pattern.

Next week I will expect a bearish continuation within the wedge.
Bias remains bearish.

Local support:
1770
1760

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