FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
As predicted last week gold price had given some retracements in the timeframe H4 and in Daily as well. last week was very smooth I guess because most of the movement and retracements we predicted last week, for those who followed and made some blues congratulations. The coming week might see a major breakout either upward or downward because last week gold price traped between the daily resistance zone and the h4 resistance become support (RBS) zone. Even some high impact news also cant give the momentum to break those zone so lets see what might happen next week.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.