FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Gold price is currently trapped in the daily support become resistance zone (SBR) which is around 1928.  At daily price has made a breakout at the daily support become resistance zone and the last two daily candles for last week look like a retracement and testing the current zone. This shows that the price might go higher for the coming week maybe early of next week gold price might go lower to collect some orders before continuing to fly higher. 

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.