LiamTrading – GOLD Weekly Plan - new ATHGoldOANDA:XAUUSDLiamTradingFXLiamTrading – GOLD Weekly Plan: Prepare for the breakout to a new ATH The new trading week opens with an extremely complex sentiment — many traders are confused, and even the “sharks” have to be cautious. But if you look more closely at the price structure, everything becomes clear: gold is still in a sustainable uptrend. 🧠 Psychological & Trend Analysis Gold just closed the week with a strong upward force, confirming the continuation of the medium-term uptrend. At this stage, “Selling the top” is almost a dangerous action – as each correction is shallow and quick, not allowing sellers to exit in time. This creates a strong “fear of missing out” (FOMO) mentality – causing money to continue flowing in when the price hits the trendline or technical retracement zone. 📊 Technical Analysis On the H4 chart, the upward structure of gold is clearly visible following the impulse + correction box model (each accumulation – breakout repeats). The 3820–3830 area continues to be the “golden retracement point” as it coincides with the medium-term uptrend line. Last week's bounce from this area brought excellent profits for those who patiently waited. Currently, the next target for gold is at the Fibonacci 1.618 level – around 3980, which is also a significant psychological level where many investors might take profits. 🎯 Trading Scenarios Buy setup (trend-following): Entry: 3830 Stoploss: 3815 Take Profit: 3980 Sell reaction (short-term when target is reached): Entry: around 3980 Stoploss: 3988 TP open depending on price reaction (scalping strategy) 🔍 Conclusion Gold is still on the right growth trajectory, with short corrections being just opportunities to “accumulate”. Continue trading with the trend, patiently waiting for prices to retrace to strong confluence zones instead of FOMO at high prices. I will continue to share more details in daily updates here. Follow me to not miss the latest gold scenarios.