Weekly Outlook: XAUUSD, #SP500, #BRENT | 06 March 2026Gold/US DollarSAXO:XAUUSDFresh-Forexcast2004XAUUSD: BUY 5365.00, SL 5315.00, TP 5515.00 Gold enters the week near $5,365 per ounce, supported by rising geopolitical tensions and higher oil prices. In a more uncertain environment, investors tend to favor safe-haven assets, while expectations of lower US rates partially reduce the dollar’s support. This week the focus shifts to US employment data and Federal Reserve comments: stronger figures could temporarily strengthen the dollar and cap gold’s advance. At the same time, risks of energy supply disruptions and steady demand from large buyers may keep prices elevated. Trading recommendation: BUY 5365.00, SL 5315.00, TP 5515.00 #SP500: SELL 6835, SL 6905, TP 6625 The US equity market starts the week around 6,835 on #SP500 amid a sharp rise in oil prices and increased geopolitical risks. Expensive energy raises business costs and heightens inflation concerns, so investors reassess the outlook for US interest rates more cautiously. Key catalysts this week are the US jobs report, demand indicators, and a set of corporate earnings releases. Weaker data could reinforce expectations of a rate cut and support equities. However, if tensions persist and oil stays high, the index remains vulnerable to a pullback. Trading recommendation: SELL 6835, SL 6905, TP 6625 #BRENT: BUY 78.40, SL 76.40, TP 84.40 Brent begins the week near $78.40 per barrel after a sharp jump driven by the Iran-related conflict and risks to shipping near the Strait of Hormuz. The market is pricing in a risk premium for potential delivery delays and higher transport costs, so price reactions to headlines remain fast. This week, the key drivers are updates on route availability, supply-and-demand assessments, and US crude inventory data. If shipping disruptions persist, the risk of further spikes will remain. A de-escalation or steps to boost supply could cool prices, but the backdrop still supports oil. Trading recommendation: BUY 78.40, SL 76.40, TP 84.40