Skeptic | Gold (XAU/USD) Watchlist: Key Triggers for the WeekGold Spot (XAUUSD)FXOPEN:XAUUSDSkepticWiseLast week, our XAU/USD short trigger from the previous watchlist activated cleanly, driving a strong downward move. Now, let’s unpack the Daily and 4-Hour timeframes to pinpoint the Low Wave Cycle (LWC) and lock in new long and short triggers for the week ahead. Here’s the no-nonsense breakdown to keep you ahead of the game. 📊 Daily Timeframe: The Big Picture On the Daily chart, Gold pulled off an intriguing move last week. After breaking the ceiling of a previous downward channel, I cloned that channel and placed it above the prior one. Price reacted perfectly to the channel’s midline and is now heading toward the channel floor. Overall, the Daily trend is range-bound, likely ranging between 3125 and 3445. However, the Higher Wave Cycle (HWC) on the Weekly timeframe remains uptrend, so we focus on the Low Wave Cycle (LWC) for our setups. Key Insight: The range-bound Daily suggests consolidation, but the Weekly uptrend keeps the bigger picture bullish. Prioritize LWC for precise entries. 4-Hour Timeframe: Long & Short Triggers Zooming into the 4-Hour chart, let’s identify the LWC and set our long and short triggers: Short Trigger: A break below the 4-hour support at 3255.71 could drive price back to the channel floor, potentially re-entering the previous downward channel. This is the safer play, aligning with recent momentum. Long Trigger: A break above resistance at 3336.81 is the initial trigger, but the primary long trigger is a break of 3396.50. This is riskier due to the range-bound Daily , so use a tighter stop-loss and take profits quickly to avoid choppy reversals. Pro Tip: Shorts are stronger given the recent downward momentum. For longs, expect volatility—set conservative stops to dodge stop-loss hunts in the range. Final Vibe Check This Gold Watchlist equips you to trade smarter, not harder. With XAU/USD in a Daily range but a Weekly uptrend, patience for clear triggers at 3255.71 (short) and 3396.50 (long) will maximize your edge. I’ll keep you updated daily as the market evolves. Protect your capital—stick to 1%–2% risk per trade, no exceptions. Want more on HWC/LWC strategies or another pair? Drop it in the comments! If this analysis sharpened your game, hit that boost—it fuels my mission! 😊 Stay disciplined, fam! ✌️ 💬 Let’s Talk! Which Gold trigger are you eyeing? Share your thoughts in the comments, and let’s crush it together!