XAU/USD analysis & outlook

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XAU/USD analysis & outlookGoldOANDA:XAUUSDHassan_fxWeekly Outlook: GOLD (XAUUSD) This week, I’ll be monitoring different scenarios, as price is currently far from any of my key Points of Interest (POIs). My nearest potential buy is around the 3-hour demand zone. While it's not the most ideal entry—since it isn’t located in a discounted area—I’ll still keep an eye on it. That said, I would prefer to see a deeper retracement into the 6-hour demand zone, which is in a far more discounted region. This zone offers a stronger setup, and I could see price launching from there again if tapped. We’ve already seen a strong bullish reaction from last week’s demand zone, and based on current momentum, I could see price continuing upward until it reaches my next sell opportunity—the 3-hour supply zone, which sits at a premium level. Confluences for GOLD Buys: ✅ Bullish structure — price has broken to the upside and remains overall bullish. ✅ Fresh 3H and 6H demand zones formed, which price could return to. ✅ Liquidity above — including trendline liquidity and previous Asia highs. ✅ Fundamentals — potential tariff cuts could fuel long-term bullish momentum for gold. ✅ Bearish Dollar Index (DXY) aligns with the bullish gold outlook. 📌 If price doesn’t retrace and instead continues to push higher, I’ll wait for another break of structure to the upside on the way toward the supply zone before reassessing entries. Let’s stay focused and let the market come to us. Wishing everyone a great trading week ahead! 👊📈