XAU/USD Weekly Market Analysis
📈 Technical Outlook (Next Week)
Current Structure:
➡️ Market is in correction / consolidation phase
➡️ Lower highs forming → short-term bearish bias
Key Levels to Watch:
🔴 Resistance Zones:
4720 – 4760
4800 – 5000 (major supply zone)
🟢 Support Zones:
4650 – 4600 (strong demand zone)
4300 – 4200 (major weekly support)
🎯 Next Week Trading Plan
📉 Bearish Scenario (Preferred):
If price stays below 4720
Expect move towards 4650 → 4600
Break of 4600 → deeper drop possible
📈 Bullish Scenario:
Strong breakout above 4800
Target: 4900 → 5000
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