gold price weekly forecast
XAU/USD ( Gold ) prices crashed last week and closed near 1200$ which is a good psychological support for gold , now this week it has to respect weekly support of 1170$ to get a green sign for relief , if it does’nt and gold manage to close below our weekly support then expect gold price to correct more upto 1140$ – 1105$ .
If gold price click our weekly technical resistance of 1245$ and manage to close above our weekly resistance then expect gold to fire upto 1291$ – 1330$ .
Gold weekly forecast conclusion : Gold trend looking weak for now
More will update in daily gold update