XAUUSD WEEKLY ANALYS...from Sana Shaikh

XAUUSD WEEKLY ANALYSIS Fundamental: Gold rose to $3,454/oz, close to April’s record high, marking a second weekly gain as Fed rate-cut expectations strengthened. Gold is edging closer to key ascending triangle resistance, signaling a potential breakout ahead. A sustained move above $3,480 could pave the way for a new record high. Currently near $3,448, holding above $3,455 may trigger targets at $3,465, $3,480, and $3,500. XAU/USD TECHNICAL ANALYSIS Gold Technical Structure: Strong Bullish Candle on Monthly, Strong Bullish Candle on Daily, Trading Above 20SMA on Daily, Three White Soldiers on 4H, Bullish Inside Bar on 1H Weekly Trend: Extremely Bullish Intraday Trend/ Intraday Strategy: Bullish / Buy on Dips, Buy on Breakout Major Support: 3440, 3430, 3420 Major Resistance: 3455, 3465, 3480 .

Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.

📊 XAUUSD ANALYSIS ON NFP DATA The Market is closely watching today’s Nonfarm Payrolls (NFP) report. Based on current macroeconomic indicators, I estimate an 80% probability that the actual NFP figures will exceed expectations. 🔍 Implications if Forecast Holds: ✅ Bullish for USD 📉 Bearish for Gold – Increased probability of a deeper correction 📉 Technical Levels to Watch – XAUUSD 🟨 Demand Zone: 3,270- 3275 These zones could act as support, but strong USD data may cause a decisive breakdown. ⚠️ Trader Guidance Avoid impulsive long positions on gold. Monitor price reaction at the mentioned levels. Enter only on confirmed reversals or structure reclaim.

Sana Shaikh

🔹 XAUUSD Market Structure - The overall trend is currently bearish, following a Break of Structure (BOS) on the higher timeframe, with price aggressively dropping into the Demand Zone at 3522 – 3518. - Sellers are still in control of the primary trend, but at the moment price is showing signs of a retracement after a liquidity sweep at the lows inside the Demand Zone. - This retracement is most likely just a pullback to retest the Supply Zone before continuing the main downtrend. ——— 🔹 Key Price Levels Demand Zone (Support): 3522 – 3518: A strong demand area where liquidity was taken out and strong buy orders pushed price higher. This acts as a Liquidity Grab and a potential anchor for a corrective move. Supply Zone (Resistance): 3555 – 3565: A major unmitigated supply area. This is the key zone where price is expected to return to fill imbalance and redistribute sell orders. TP Target Area (Intermediate Target): 3542 – 3548: A mid-level resistance, likely to generate reactions, making it a suitable area for partial profit-taking or monitoring order flow. Liquidity Zones: The previous low around 3520 has been swept → creating new buy-side liquidity above, concentrated around 3540 and the higher zone at 3555. #SVSFX破产后续# #howtomasterforextrading# #SVSFX破产后续#

Sana Shaikh