#XAUUSD
Gold Weekly Analysis
Last week, gold made a high of 2887, maintaining an overall bullish trend. However, the resistance faced at the higher levels is significant. Despite this, the 4H timeframe candle suggests that there isn't proper selling pressure yet, as the market left a long wick.
For Monday's early session, I expect a buying move up to around 2870, from where I anticipate sellers stepping in to trap aggressive buyers.
Weekly Market Outlook:
I expect gold to trade within the
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