Xau WeeklyGoldOANDA:XAUUSDIfeOlaI would be looking towards buys this week for a few reasons. Last week was a sell week but Xau couldn't withstand the buying pressure breaking several new high from 4375 to 4630 areas and this is remarkable for Xau, who struggled to sell since January and looks exhausted and heading to take a breather upwards probably breaking above 5500 areas to 7100 areas as the year progresses if Xau maintains its current strength for the rest of the year. Last week Xau closed at 4375, hit a weekly low of 4316 and a weekly high of 4630 before finally closing at 4602. I drew my markup on this chart with more focus on lower highs than higher highs, the sky-blue line at 5002 is an anticipated high for Xau to meet and break above to confirm long term buy trend. If Xau opens in a sell drop, I would be taking buys positions at market open probably around 4575 areas or lower, taking scalp and swing trade positions as the week progresses. If Xau opens in a buy push, I will wait for market to buy 30pips above market open and sell below open entry before getting into buys. A good analysis is only a manual; a properly funded account and mental discipline is the key to your success. I wish you Goodluck this week.