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Let's discuss the gold trend next week
Hello everyone. Let's discuss the trend of gold next week. We can see that the 1-hour chart is currently maintained within the range, and the current bottom trend line is rising step by step, and the high point is getting higher and higher.
From the bottom trend line, we can see that the current bottom trend line is almost around 2635.
If gold continues to fall below 2650 next week, then there is a probability that it will continue to test the bottom of the trend line support near 2635.
If gold continues to retreat to 2635 and stabilizes next week, it is expected to continue to rise again.
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(Source from: TV-By FortuneWest)