XAUUSD GOLD Analysis & XAUUSD GOLD Week Ahead Forecast - Saturday, November 25

gold and black metal tool

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XAUUSD after making a bearish pin bar last week the Monday formed a bullish Pin bar that took the price to higher price levels.
The price reached previous high at 2005.00 and returned back down confirming the bullish breakout as a valid one.

After that the price continued its move and on Friday ended up between 1979.57 support and 2016.0. resistance level.

As the market looks I am expecting the price to move to 2016.00 resistance level.
From there there is a change for a retrace before trying to make another bullish breakout.

Weekly and monthly time frames also show similar scenarios where bulls are likely to push the price to higher price value.

 Video Length: 00:06:23

 


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Disclaimer:  Any Advice or information is General Advice Only – It does not take into account your personal circumstances, please do not trade or invest based solely on this information. ...

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