t>

XAUUSD by Lana_M2 — TradingView


XAUUSD – Weekly Forecast: Consolidation before expansion? |Lana✨

After defending the medium-term support level and completing the correction to the previous high, gold prices entered the new week and entered a clear consolidation phase near the 4,960-5,000 area. On the 3-hour structure, prices continue to follow the broader recovery framework that has been in place since early February and are gradually establishing higher lows below the 5,030-5,050 liquidity range.

🔎Technical architecture

4,950–4,970: Immediate support and short-term balance area. Prices are stabilizing here, indicating that energy is building.

5,030-5,060: Near-term resistance and liquidity rebound. A sustained breakout of this area will open room for expansion.

5,350–5,450: Medium-term upside liquidity target if the uptrend is confirmed to continue.

4,220–4,300: Liquidity base for higher periods. Barring a decisive downward change in structure, it remains protected.

Current price action reflects accumulation rather than distribution. A squeeze below resistance usually precedes an expansion – the trend will depend on which side liquidity is taken from first.

🌍 Basic background

Political uncertainty in the United States, including financial tensions related to homeland security and executive policy debates, continues to add to background instability. at the same time:

The dollar remains sensitive to interest rate cut expectations.

Treasury yields have fallen from previous peaks.

Broader geopolitical instability continues to support safe-haven demand.

These factors provide gold with medium-term structural support even as short-term volatility continues.

📈 Weekly Forecast

If the 4,950 support level holds, gold may attempt to break above 5,080 and may extend to 5,350+ in the coming trading days.

However, if there is a decisive break below 4,950, the focus will shift to deeper liquidity at 4,880-4,900 before any new upside attempts.

🧠Lana’s POV

The broader structure remains constructive. The current trend appears to be a pause in the recovery trend rather than a confirmed reversal. Patience is key – let price confirm the trend by clearing liquidity and breaking out of structures.

✨ Transaction structure. Respect mobility. Let the market reveal the next phase of expansion.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *