Jai Shri Ram

“XAUUSD” Weekly Trading View: Last week we had seen good positive movement on Gold and made new high of $2724.74 and before that made low of $2656.61 ((Our support level was $2656)) and $2702.12 is weekly close.

Now Question is what’s Next ?

as per weekly closing in Gold looks more positive on coming week but I will prefer sell on rise because of “Triple Top Formation”. Now there is good trend-line resistance level of $2735 and if we get break out and holding above our levels then we can expect another rise up to next level of $2766 & $2800 but if XAUUSD, not able to hold above our trendline resistance zone then we can see some correction up to next support of $2666 and after that $2628 possible