XAUUSD Weekly Analysis: Can Gold Break ATH This Week?

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XAUUSD Weekly Analysis: Can Gold Break ATH This Week?GoldOANDA:XAUUSDForex_Insights_ProπŸ”Ή Trend Outlook: The broader trend remains bullish, visible on D1–W1–Monthly charts. πŸ”Ή Last Week Recap: Gold consolidated between 3640 – 3700 before starting a bullish rally from 3640. On the H4 timeframe, a strong order block (3660 – 3645) aligns with the bullish parallel channel, which has held firm and pushed price higher. πŸ”Ή Bullish Bias: If Gold revisits the discounted area (3640 – 3630), I expect buyers to step in. From this zone, the bullish trend could extend toward ATH levels. πŸ”Ή Targets for Next Week: If ATH breaks successfully β†’ next resistance zones are 3720 – 3740 and final 3760. ⚠️ If ATH fails to break β†’ Gold may retrace back toward support levels (3660–3645 or 3640–3630). πŸ”Ή Fundamentals to Watch: This week’s Flash Manufacturing PMI and Final GDP data may fuel volatility. Keep fundamentals in mind when trading these technical levels. πŸ’‘ Trading Plan: Look for buy setups from order block (3660–3645) or discounted zone (3640–3630). Manage trades carefully around ATH resistance. πŸ‘‰ If you find this analysis useful, don’t forget to Like πŸ‘, Comment πŸ’¬, and Share πŸ”„. Regards: Forex Insights Pro. #XAUUSD #Gold #Forex #WeeklyAnalysis #OrderBlock #Bullish #PriceAction #Trading