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XAUUSD Weekly Analysis

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
Monthly chart: Strong bullish candle closed, indicating a bullish trend.
Weekly chart: Last two candles are bearish, suggesting a potential pullback from rejection at 1960 or 1935.
Daily chart: Price is trading between 1988 to 1950, providing ample trading opportunities.
4-hour chart: Anticipating a bearish fakeout at 1960 or 1950 before a return to close in that area. Look for a buy signal with confirmation.

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