Gold Analysis Recap and Trade OutcomeGold (XAUUSD)CAPITALCOM:GOLDJunmadayagGold Analysis Recap and Trade Outcome Last week, I shared the following 1-hour chart analysis for Gold (XAUUSD): After price broke above the 4-hour resistance level, we waited for a retracement back to the key Fibonacci levels, looking for confirmation via a pinbar or engulfing candle pattern. The setup was triggered successfully, and here is how the trade developed: Trade Progression While the trade is currently performing well, there remains downside risk if the 2-hour support level fails to hold. At present, price is finding support along the upward trendline, which gives me confidence to maintain the position. We will monitor how the market develops next week. What are your thoughts? #Gold #XAUUSD #Trading #TechnicalAnalysis