For the last 8 trading days, gold remains quite weak. Here are key levels to watch next week:
Support 1: 1758 - 1764 demand zone
Support 2: 1718 - 1726 demand zone
Support 3: 1674 - 1682 demand zone
Resistance 1: Major falling trend line connecting the last 3 lower highs.
Resistance 2: 1873 - 1880 supply zone
Consider these key levels for pullback/trend-following/breakout trading. Wait for a confirmation on a key level first before you open a trading position.
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