Gold (XAUUSD): What to Look at Next Week 🟡

15 Okt 2022

Hey traders,

Gold is trading in a long term bearish trend.
After a correctional movement, at the beginning of October, the market initiated a new bearish wave.

The market is currently approaching 1635 - 1645 support.
To catch a bearish continuation, wait for its bearish breakout (4h candle close below the underlined zone).
A bearish continuation will be expected to 1620 support then.

Good luck next week, traders.

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