XAUUSD Weekly ScenariosGold vs US DollarICMARKETS:XAUUSDTrade_Hive_Signals⚙ Weekly Scenarios Bullish Scenario: The price holds above support at ~$3,660 and breaks resistance at ~$3,760–3,800. Then, a rally to $3,900 and beyond is possible, especially with support from rate and geopolitical news. Consolidation: The price may move sideways between $3,660 and $3,760 until a strong signal (from news or volume) breaks the range. Bearish Scenario: A break below $3,660 with volume confirmation could lead to a correction to $3,600 or even lower. In this case, it's important to watch whether lower support levels hold, otherwise a deeper pullback is possible. 🔎 Conclusion The overall picture for the week is bullish, but with the risk of a pullback or consolidation due to overbought conditions and resistance. Key: Watch for a reaction in the resistance zones of ~$3,760–3,800 and for support to hold at ~$3,660. For traders: consider buying on dips near support zones and shorting (or taking profits) as the price approaches strong resistance if it fails to break through.