XAUUSD Analysis by @HusseinSheikhAliTTR

The analysis discusses the weekly outlook for gold (XAUUSD). Currently, gold is ranging between resistance at 2809.902 and support at 2787.039. The analysis suggests that if gold breaks below the support level on the daily time frame, a retest of the next support at 2764.086 may occur. Conversely, if gold does not break below the support, it advises to wait for a retracement for further analysis and says there is no trade. The analyst emphasizes that swing trading requires patience. Targets are set based on support levels if the price declines and breaks the current support. The analysis does not set a target for the case in which the price goes up.