How will gold move in the new week?GoldOANDA:XAUUSDAstronautPioneerCurrent Market Structure Price is currently moving within a converging triangle pattern, formed by a descending trendline above and an ascending trendline below. After the previous strong decline, the market has entered a consolidation phase and is forming higher lows, indicating that buying pressure is gradually returning. Key Levels 🔹 Strong Support: 4996 This area represents a demand zone combined with the ascending trendline. If price sweeps down into this zone and maintains the structure, there is a high probability that buying pressure will step in and push price upward. 🔹 Near Resistance: 5206 – 5208 This is a supply zone that also intersects with the descending trendline. If price breaks out clearly above this zone, the short-term structure will shift to bullish. 🔹 Next Resistance: 5288 – 5290 This would be the next target if price breaks above 5206 and maintains bullish momentum. BUY GOLD : 4996-4998 Stoploss : 4986 Take Profit : 100-300-700pips SELL GOLD : 5206 - 5208 Stoploss : 5218 Take Profit : 100-300-700pips