OANDA:XAUUSD   Gold Spot / U.S. Dollar
We saw gold formed a double bottom and broke the ascending channel this past week,but failed to break the resistance level at 1760 so for this coming week two things can happen is either its retesting the broken channel level forming a correction before an impulsive bullish momentum or on H4 it might be forming a mini H&S pattern that could make gold to fall back to the 1700s area.if it able to reject the 1745 zone and complete the mini H&S pattern that could confirm the correction. This is not a signal or an advice on what to trade just sharing what I see on the chart.

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