Happy weekend guys, I hope you all are doing well. In my previous article on Gold analysis I shared  what we were going to be expecting this week, and now am happy that the prediction went as well expected. No doubt, we have had  a very hectic week, and gold made it way to the trendline and even broke the trendline, but failed to break the major low, that could have led to the change in market structure, then made a swing high trapping many traders ( see figure below).

          NEXT WEEK EXPECTIONS

   But what are we expecting next week ? Well traders are anticipating what will be the market outcome next week.

     So I want to make a quick technical analysis on what we should be expecting next week. So guys make sure you put your heads down and do your own research to confirm my analysis.

      If the market doesn't break the low at $1989.02, the market will not be bearish. And so what we  want to see is the market price at $1989.02 taken out before we go short. Otherwise, we should  still be expecting high highs and the price breaking structure upward. We should expect the market to "mitigate" the  previous high area at the price of $2122.35. Therefore, untill the low at $1989.02 is broken, traders are advised to remain  bullish. ( see figure below).

So guys, I hope you have seen my next week expectations. So if  this interest you, you can add it to your trading plan and make your own research as always. Bye guys and have a lovely week.