Gold Spot / U.S. Dollar
Long
Updated

Weekly Gold (XAU/USD) Report

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📊 Weekly Gold (XAU/USD) Report
🔹 Fundamental Outlook

Gold remains supported by macroeconomic uncertainty and central bank policies. With global inflation pressures stabilizing but geopolitical tensions persisting, institutional demand for gold as a hedge is intact. The US dollar’s fluctuations and interest rate expectations continue to influence short-term moves, but central banks’ ongoing gold accumulation provides strong long-term demand. Investor sentiment leans toward risk-hedging assets, keeping gold fundamentally supported.

🔹 Technical Structure

This week’s chart shows that gold has recently completed a downward corrective phase and executed a clear breakout from its descending channel. The breakout has been followed by strong bullish momentum, suggesting renewed institutional buying interest.

The market is now showing a healthy impulsive leg upward, with higher highs and higher lows forming. After this strong move, short-term price action indicates a potential cooling-off period—a common consolidation stage before continuation.

Volume flow reflects increasing participation during the breakout, confirming strength in the move. The broader price structure remains trend-reversal aligned, favoring further upside if momentum sustains.
Trade closed: target reached
Gold Update ✨
All my Gold TPs have been successfully hit ✅. The move followed strong momentum driven by safe-haven demand and dollar weakness, aligning perfectly with my analysis.

Staying patient and following the plan proved effective — precision execution brings consistent results 📈💛.
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