Good evening everybody. This is me weekly outlook for GOLD(XAUUSD). We managed to break the trendline und had a nice retest of the latest resistence zone. I think that we will have a little bit of consolidaten at this level and may retest the latest resistence zone a few times before we will go down. Maybe we will also reach the middle resistence zone at around 1935 and go down from there.

I'm looking forward hearing your opinion on my idea :)
Trend Analysis

Penafian