After Market dropped from important support level, no retest was performed, we have reached the 61.8% in daily basis,
Market is over sold, retracement coming in next days / weeks, wait to see how it reacts when reaching the previous broken support, if fail to break above big sell coming again.
After FOMC rate statement, we saw US bulls impulsing USD JPY and making it break through a strong previous support / resistance zone at 112 for this reason another impulse up is probably to happen and if this goes we could have the USD JPY reaching at least 114.100 where price have struggled to break above,
after a huge drop, we now see a small pull back, not breaking previous engulf candles or structures, for this next week, we believe gold would drop up to its previous consolidation zone at the 50% of its last rally up