The "Buy the Dip" Playbook: Targeting a $120/oz Profit on the Next Leg Up [Weekly XAU/USD Analysis + Forecast + Trading Ideas]
Hello, fellow traders!
Gold held steady above $3,300 and posted a modest weekly gain as safe-haven demand picked up on renewed tariff threats. Trump’s aggressive stance toward BRICS-aligned countries and key US trade partners reignited fears around inflation, slower global growth, and rising geopolitical risk.
While stronger-than-expected US jobless claims gave the dollar and yields a lift, Gold still ended the week on solid footing — even outperforming equities. The metal continues to benefit from its dual role as a hedge against both uncertainty and potential inflation.
The next major move - and whether Gold manages to break through key resistance - will likely be triggered by US inflation data and how trade tensions evolve under the Trump administration.
🔥 In this week’s premium market breakdown:
Interpret hidden TA signals before they hit the headlines: Pro breakdown of charts with key price action, structure, and warning signals.
Exact price zones to act on: Get clear entries, exits, and invalidation zones, so you can trade with structure.
Trade setups that deliver: High-probability scalping and swing trade ideas with clear take-profit and stop-loss levels.
Global macro gist: Spot which headlines matter for Gold, and which are just noise and understand how real-world policy is shaping the charts.
Sentiment shifts: Decode what the biggest traders in the world are doing right now and how their moves will shape next week’s volatility.
Intermarket intelligence: See how Gold is stacking up against Bitcoin, crude oil, equities, and global yields - understand correlations, breakouts, and capital rotations.
📊 Let’s look at the technical data
📅 Current Price: 3,355.66
Long-term: 🟠 mixed
Gold remains in a technically conflicted zone between bearish patterns and bullish accumulation signals.
Bearish structures:
Daily head & shoulders (H&S): Still active
Rising wedge: Price action is narrowing near the top.
Ichimoku cloud signals weakening momentum.
Bullish signals:
Bullish pennant still valid
OBV rising during chop → big money is accumulating and dips are being
Gold Spotter rising (Green at 56, Red at 34) → bullish pressure is building.
The single most important price level to watch now:
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