XAU/USD Gold Weekly Outlook and Monday Trading PlanGoldTVC:GOLDGold_Navigator Gold remained in a broad consolidation range this week, moving lower before recovering. Despite frequent price swings, the market has yet to establish a sustained bullish or bearish trend. Gold briefly fell below 4100 following stronger-than-expected US CPI data but quickly recovered above this key level. Conflicting inflation signals and Federal Reserve policy expectations initially pressured gold. However, falling Treasury yields and a pullback in the US dollar helped support the recovery. In my view, short-term trading and profit-taking continue to dominate the market. Until stronger directional momentum emerges, range-bound trading is likely to remain the main theme. Fundamental Outlook Next week, gold will remain sensitive to Federal Reserve policy expectations, US Treasury yields, and the US dollar. Weaker housing data, rising jobless claims, and softer PMI readings could indicate that the US economy is losing momentum, potentially supporting gold by reducing expectations for further monetary tightening. Conversely, resilient economic data or persistent inflation could strengthen expectations of tighter monetary policy. Higher Treasury yields and a stronger dollar would likely limit gold's recovery and create renewed selling pressure. Monday's US economic calendar is relatively light, so technical factors and market positioning may play a greater role in short-term price movements. Investors will also monitor upcoming housing data, jobless claims, PMI readings, and consumer confidence figures for clues about economic strength and inflation risks. Technical Analysis Gold closed the week near 4165, with a weekly trading range of approximately 150 dollars. Friday's low was around 4147, while the high reached approximately 4198. On the four-hour chart, moving averages remain intertwined and relatively flat, while the MACD bullish histogram is weak. This suggests limited buying momentum. On the daily chart, Bollinger Bands are narrowing, and gold remains below the middle band. Although the MACD has formed a low-level bullish crossover, it remains below the zero line. In my view, the current rebound represents technical recovery rather than a confirmed trend reversal. The main range to watch is 4100–4226. Until gold breaks out decisively, I prefer buying near support and selling near resistance rather than predicting a major directional move. Key Levels Resistance 1: 4195–4205 Resistance 2: 4225–4235 Potential Upside Target Zone: 4300–4400 Support 1: 4140–4130 Support 2: 4110–4100 Critical Support: 4075–4060 Bullish Scenario Gold needs to hold above 4200 and decisively break through 4225–4235 to confirm a stronger bullish structure. A sustained breakout could end the current consolidation and open the way toward 4300–4400. Until this breakout is confirmed, I do not recommend betting prematurely on a major rally. Bearish Scenario If gold fails to overcome resistance and breaks below the current range, the next support levels are 4130 and 4100–4110. A decisive break below 4075–4060 would increase the risk of further downside. Monday Trading Plan Sell Setup Entry Zone: 4195–4205 Stop Loss: 4220 Target 1: 4170 Target 2: 4150 Extended Target: 4130 if bearish momentum strengthens I will consider selling if gold reaches this resistance zone and shows clear rejection. If price breaks above resistance with strong momentum, the setup should be reassessed. Buy Setup Entry Zone: 4130–4140 Stop Loss: 4115 Target 1: 4160 Target 2: 4180 Extended Target: 4200 if bullish momentum continues I will look for stabilization and a clear bullish reversal signal before entering. If support breaks decisively, avoid averaging down and reassess the market structure. My Final Outlook In my view, gold may remain in a prolonged consolidation phase, interrupted by occasional short-lived rallies and declines. Traders should adapt to current conditions instead of expecting large directional moves. For Monday, my preferred strategy is to buy near support and sell near resistance. The 4140–4200 area is the immediate trading range to watch, while 4225–4235 remains the key upside breakout zone. If gold holds above 4200 and breaks through 4235, I will shift my focus toward bullish continuation. If prices move lower, I will monitor 4130 and 4100–4110 for potential stabilization. Patience and discipline remain essential. Avoid chasing highs or selling aggressively at lows, and wait for confirmation before entering a trade. What is your outlook for gold next week? Will buyers break above 4235, or will gold remain trapped in its current range?