XAUUSD Weekly Review: Doji Closing, Consolidation Continues MarGOLD / U.S. DOLLARFX_IDC:XAUUSDGold_PrologueXAUUSD Weekly Review: Doji Closing, Consolidation Continues Market Overview This week's closing price was 4376.16. A bullish doji appeared on the weekly chart, and a series of dojis also appeared on the daily chart. As shown in the chart, the price fluctuated within the 4400-4320 range, with strong resistance at 4450 and short-term support at 4310. The dense doji pattern indicates an unclear trend, and the market is expected to continue consolidating. Key Points ① As long as the 4450-4310 range remains unchanged, consider buying low and selling high. The market is currently in a balanced state; chasing highs and lows can easily lead to sharp fluctuations. Maintain trading discipline within the range. ② Be wary of a pullback from Monday's high. The daily chart shows alternating bullish and bearish candles. After Friday's long lower shadow bullish candle, be wary of a potential decline on Monday. Key Price Levels: Resistance: 4397 – Hold this level, target price 4450 Support: 4350 – Buy on dips Watershed: 4370 – Upward momentum should not be broken ③ USD/USD forms a doji pattern USD/USD has been fluctuating within the 100-99.2 range without a breakout, making a clear trend unlikely. Strategy Reference Scenario | Response Strategy 4397-4350 Range: Buy low, sell high Breakout above 4397, target price 4480-4500, short above 4520 Breakout below 4350, target price 4250, buy near 4200 Conclusion: In volatile markets, the key is to follow the rules and wait for the right opportunity. Avoid wishful thinking and aggressive trading. If you agree with this logic: 👍Like 💬Comment ➕Follow