#XAUUSD
【XAUUSD Weekend Review: Are the Bulls Starting to Fight Back?】
I took a look at the gold chart over the weekend, and the logic is straightforward:
🔹 Key support: $4182
As long as the price holds above 4182, the bulls have a chance to keep pushing higher.
🔹 Key target: 4224–4227
This is the previous high area, and many bears are trapped there. If the bulls can reach this level, it could trigger a wave of short covering and push the price higher.
🔹 If 4227 breaks, the next levels to watch are 4247 → 4261.
My personal view: As long as 4182 holds, I’m leaning bullish. But if the price meets resistance near 4225, you could consider taking profits first, then observing before deciding what to do next.
What do you think—will gold surge higher when the market opens on Monday, or keep pulling back? Let’s discuss in the comments.
⚠️ This is only my personal market review and does not constitute trading advice.
【XAUUSD Weekend Review: Are the Bulls Starting to Fight Back?】
I took a look at the gold chart over the weekend, and the logic is straightforward:
🔹 Key support: $4182
As long as the price holds above 4182, the bulls have a chance to keep pushing higher.
🔹 Key target: 4224–4227
This is the previous high area, and many bears are trapped there. If the bulls can reach this level, it could trigger a wave of short covering and push the price higher.
🔹 If 4227 breaks, the next levels to watch are 4247 → 4261.
My personal view: As long as 4182 holds, I’m leaning bullish. But if the price meets resistance near 4225, you could consider taking profits first, then observing before deciding what to do next.
What do you think—will gold surge higher when the market opens on Monday, or keep pulling back? Let’s discuss in the comments.
⚠️ This is only my personal market review and does not constitute trading advice.