XAUUSD – New Week Scenario on D1 Frame

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XAUUSD – New Week Scenario on D1 FrameGoldOANDA:XAUUSDBrianLionCapitalXAUUSD – New Week Scenario on D1 Frame: Prioritize buying, the 3790 – 3720 zone determines the trend Hello Trader, Trading is a journey, and the most important destination is conquering oneself. On the D1 frame, gold has experienced a series of consecutive strong increases, indicating that the buyers still maintain the advantage. The buying force shows no clear signs of weakening, even though gold has just slightly reacted downward around 3790. Currently, the price is consolidating around 3760 – the closing zone of this week's candle. Fundamental View Political pressure from President Trump on the Fed is increasing, as the market expects easing measures soon. However, Chairman Powell remains cautious, prioritizing price stability over inflation concerns. This factor may continue to keep gold as a key safe-haven asset, especially amid policy uncertainty. Technical View The 3790 – 3720 price zone will play a decisive role in the medium-term trend next week. If 3790 is broken, gold will have the opportunity to advance to the Fibonacci Extension zone of 3822. Further, strong resistance lies around 3840 – 3860. If 3720 is breached, selling pressure will retest the strategic support zone at 3650. This is also the confluence area with the rising trendline on D1. MACD Indicator: continues to support the buyers, the histogram remains positive, not giving a clear signal of decline. Volume: no significant selling pressure has appeared, indicating that gold is entering an accumulation phase, awaiting a breakout. Trading Scenario for Next Week Buying Scenario (priority): Buy around 3650 – 3660 (if there is a correction). SL: below 3640. TP: 3720 – 3790 – 3822. Selling Scenario at Resistance: Sell around 3822 – 3830 (Fibo + strong resistance). SL: above 3840. TP: 3790 – 3760 – 3720. Conclusion In the medium term, the upward trend still prevails. Next week, gold will revolve around the 3790 – 3720 mark, and reactions here will pave the way for the next trend. The priority strategy is to buy at the 3650 support zone, while observing reactions at 3822 to consider short-term sell orders. Short-term scenarios will be updated during the day, helping you be more proactive with market fluctuations. Follow me and the community to update the earliest scenarios.