XAUUSD Next Week

this week might be a little tricky.
my sentimental opinion remains bullish in total as the white path on the chart. BUT ...

Around 1930~1934 is a key level for me. if the price can hold above this level then we go higher. first around 1950 then 1963 and finally around 1980 is my current last TP.

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A long setup might happen on the light green area around 1913 with the invalidity level of 1908.
Another one but riskier is around 1921. can enter both with 2~4$ stoploss
In case this level fails then the bullish move is invalid as well and we might look for short positions.

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A possible good sell position is around 1950.
(also 1930 in case it shifts to bearish movement is a possible short zone. should update the analysis in that case)

Trade active

Comment:

long position triggered and active. don't forget setting a stop loss and trail it.

in case 1909 fails, next risky buy position is 1897 and safer one is 1876-1881
possible sell position only if bullish idea fails is above 1827 (tight stoploss, risky)

Trade closed: stop reached:

stoped out at 1909.

risky buy pos: 1897

safe buy : 1876~1881

sell : 1927