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GOLD (XAUUSD): Key Levels to Watch Next Week đŸ„‡

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Guld / USA-dollar (OANDA:XAUUSD)  
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OANDA:XAUUSD   Guld / USA-dollar
Support and Resistance Supply and Demand Trend Lines Gold futures goldtrading goldidea goldusd goldanalysis Technical Analysis
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supportandresistance supplyanddemand trendline gold futures goldtrading goldidea goldusd goldanalysis technicalanalysis
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Hey traders,

For the last 8 trading days, gold remains quite weak.
Here are key levels to watch next week:

  • Support 1:
    1758 - 1764 demand zone

  • Support 2:
    1718 - 1726 demand zone

  • Support 3:
    1674 - 1682 demand zone

  • Resistance 1:
    Major falling trend line connecting the last 3 lower highs.

  • Resistance 2:
    1873 - 1880 supply zone

Consider these key levels for pullback/trend-following/breakout trading.
Wait for a confirmation on a key level first before you open a trading position.

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