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Piyasa

XAUUSD Weekly Outlook| Gold Range-Bound — Key Breakout Levels

XAUUSD Weekly Outlook| Gold Range-Bound — Key Breakout Levels

Gold US Dollar VANTAGE:XAUUSD

See the updated trading zones and key levels for the week ahead.
Gold remains range-bound, with both the MA50 and MA200 continuing to trend flat.

On the upside, 4050 is the first resistance to watch. A sustained move above this level could see buyers target 4106, followed by 4145. A break above 4145 would shift the focus towards the 4181 resistance area.

On the downside, 4014 marks the upper boundary of the support zone and is the first level to watch. A break below this level would shift the focus to the rest of the support zone, where we will be watching closely for reaction. If sellers manage to break below the zone, attention then shifts to the 3926-3848 secondary support zone.

📌Key levels to watch:
Resistance:
4050
4106
4145
4181
4237

Support:
4014
3976
3926
3848

👉Let levels guide you, wait for confirmation.

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