XAUUSD Weekly Analysis
⚠️ *Gold sellers may be walking into a major trap.*
After *8 consecutive bearish weeks, Gold finally printed a **bullish weekly candle* and closed *above the key institutional level of $4085*. The weekly hammer suggests buyers are stepping back into the market.
📈 What to Watch This Week
🔹 *$4200* is the key psychological resistance.
Many traders have opened fresh sell positions below this level, placing their stop losses just above *$4200*. This creates a strong liquidity zone that smart money could target.
🎯 Bullish Scenario
If Gold holds above *$4165–4172*, expect buyers to take control.
*Upside Targets:*
✅ $4203
✅ $4217–4224
✅ $4234
A breakout above *$4200* could trigger a sharp short squeeze by trapping sellers.
⚠️ Possible Mid-Week Trap
After reaching *$4234*, Gold may see a temporary pullback—not necessarily a trend reversal, but a move to trap breakout buyers before continuing higher.
🚀 Weekly Outlook
🎯 Main Target: *$4275*
🔥 Extended Target: *$4300+*
📌 Bullish bias remains valid as long as Gold stays above *$4085*.
*Trade smart. Follow price action, not emotions.*
farah khan
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