Hey traders,
Here is my latest structure analysis for Gold:
The price is currently consolidating between 2 structures:
Resistance 1: 1754 - 1766 area
Support 1: 1727 - 1735 area
I guess the market may keep coiling between these areas next week.
The breakout of one of those will trigger a bullish/bearish continuation.
Next support: major falling trend line
Next resistance: 1801 - 1808 area
Good luck next week!
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