Xau WeeklyGoldOANDA:XAUUSDIfeOlaXau has managed to remain stable in slow trends and consolidated market situations, ranging between 4318 and 4250 areas and this week Xau is either going to break out of one or both sides as the week progresses because this week would likely be a buy week although I'm suspicious of Xau for not selling as much on a sell week as it has previously done on buy weeks, remember that Xau is a trickster so always be on guard. Xau seems to be trending downward as it refuses to retest higher high areas once it breaks below them weekly and at the same time Xau has refused to break below 4250 area, is that an attempt to retrace its steps upward? I am curious to see what Xau would do. Last week the market closed at 4378 and opened in a sell drop before buying to a weekly high of 4397 and kept selling from that area to 4250 areas retesting 4250 area up to 3 times during the week unable to break below, market continued to consolidate between 4300 and 4250 areas before finally closing at 4284 where we currently are. This week is going to be a buy week, but I suspect Xau would sell a bit before marking that move. My areas this week are 4388-4400 and above areas for sells for the coming week and 4204-4160 areas or below for buys. Depending on the market's behavior each day, informed decisions would be made in my favor, but these areas are my parameters for the week. What do you think about my opinion on Xau and what is yours? A properly funded account, discipline and patience would win the trades.