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

Long
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
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OANDA:XAUUSD   Gold Spot / U.S. Dollar
Multiple Time Frame Analysis Candlestick Analysis Parallel Channel Gold goldtrading goldidea goldusd goldanalysis goldlong XAUUSD
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mtfa candlestick parallelchannel gold goldtrading goldidea goldusd goldanalysis goldlong xauusd
snapshot

Hey traders,

This week gold broke and closed above the resistance of a horizontal trading range on a daily.
The breakout is confirmed and we expect a further bullish continuation.

Next week I will expect a bullish move within a rising parallel channel on 4H.
This week the price perfectly respected a confluence zone between its support and a broken resistance of the range
and was nicely rejected from that.

Goal for buyers is 1997 - 2000 supply area.

Good luck!

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