Hey traders,
As I predicted, Gold bounced yesterday.
The market almost reached a daily supply area.
Here are the key levels for you to watch next week:
Resistance 1: 1720 - 1730 area
Resistance 2: 1758 - 1765 area
Support 1: 1681 - 1688 area
Consider these structure for pullback / breakout trading.
I will look for shorting opportunities from Resistance 1 expecting a bearish move to Support 1.
I will post an update once I spot a confirmation!
âĪïļIf you have any questions, please, ask me in the comment section.
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