Gold Weekly Chart Analysis
Weekly respected resistance, filled previous wick and closed below support
Gold Daily Chart Analysis
Daily time frame had a bearish break out of the 24 day range it was in before forming a minor support at the end of the week
If this support is broken then Gold could continue down to the next levels of daily support
If this support holds then Gold could push back into the range confirming the fake out
USD CB Consumer Confidence on Tuesday
USD Final GDP on Thursday
USD Core PCE Price Index on Friday
No major high impact news for Gold this week so we could see Gold create a new range before continuing the trend
Check out News This Week June 26th for scenarios
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