XAUUSD Our preference long positions above 3025 with targets at 3064 & 3080 & 3096 Alternative scenario below 3025 look for further downside with 3012 & 3000 as target 🎯
GOLD That long wick on Gold’s weekly chart? It’s not just noise—it’s the market speaking in riddles, and only the wise will decode it. Wicks this bold don’t appear without a tale to tell: rejection, hesitation, or a storm brewing beneath the surface.
But still… someone will ignore the signs. Blinded by bias. Married to the bulls. And when the tide shifts, the market will serve a cold dish called humility.
This isn’t the week to gamble with ego. Trade smart—or get schooled.
XAUUSD 📌Technically, observing the H4 chart, it is necessary to pay attention to the important support level at 3,000 USD/oz. If next week the gold price trades above this level, it can re-enter the correction phase to 3085. In case the 3000 round resistance level is broken, the gold price will continue to be under selling pressure, causing the price to drop to around 2,900-2,950 USD/oz.