XAUUSD: New-Week Technical Bias (Market Open)

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XAUUSD: New-Week Technical Bias (Market Open)GoldOANDA:XAUUSDOlamitrades1Multi-Timeframe Structural Outlook: Higher Timeframes (Monthly, Weekly, Daily): Broad structure remains bullish within an Ascend Sequence, though notable Monthly Price Cap Rejections indicate overhead resistance slowing momentum. Daily & 4H Technical Picture: Value Compression Phase (VCP): Price compresses within 3500 – 2956, with consolidation occurring above mid-range, favoring upside continuation probability. 4H Internal Structure: Aligns with daily compression, showing structural respect of higher lows, maintaining bullish pressure. Above mid-range VCP compression typically signals a breakout potential above 3500. Liquidity Mechanics & Risk Zones: Upside: Early-week bullish lean remains valid, targeting a break and sustained acceptance above 3500, confirming continuation of the Ascend Sequence. Downside Invalidations: A decisive breakdown below Order Clustering Zones (OCZ) and anticipated Trap Vectors (TV), leading price into/below the VCP range low (2956), would signal bearish vulnerability and invalidate bullish continuation. Summary: Early-week bullish bias preferred while price holds above mid-range compression. Breakdown below OCZ & VCP range low triggers trend deterioration signals.