Personal XAU outlook update 12/10
#XAU The weekly candle just closed in line with the previous downtrend. This morning, at the start of the session, price made a move up to sweep the weekly candle’s high (around 4209).
I’m currently monitoring the next H4 candle:
• If it closes with a strong red candle, a pullback toward the 4170–4145 area may occur.
• If it closes green and holds above 4210, the short-term trend remains supported and price could move toward higher levels (4280–4370).
This is only my personal perspective based on price action—not investment advice, and not a call to buy or sell. Please do your own research and take responsibility for your decisions.
Wishing everyone a great start to the week!
$XAU
#XAU The weekly candle just closed in line with the previous downtrend. This morning, at the start of the session, price made a move up to sweep the weekly candle’s high (around 4209).
I’m currently monitoring the next H4 candle:
• If it closes with a strong red candle, a pullback toward the 4170–4145 area may occur.
• If it closes green and holds above 4210, the short-term trend remains supported and price could move toward higher levels (4280–4370).
This is only my personal perspective based on price action—not investment advice, and not a call to buy or sell. Please do your own research and take responsibility for your decisions.
Wishing everyone a great start to the week!
$XAU