Gold Weekly Forecast: Gold prices are still under selling pressure despite weakness in the US Dollar. Rising tensions in the Middle East are offering some support to the precious metal, but buyers have not been able to take full control. From a technical point of view, Gold continues to trade with a negative outlook, and the market remains cautious about the next move.
weekly market outlook
Gold Weekly Trading Plan: XAU/USD Buy Above 4,427, Targets $5,010
Gold Weekly Trading Plan: XAU/USD may see selling if price slips below 4,427. Above this level, traders can consider buy positions with targets from $4,520 to $5,010.