The analysis focuses on Gold (XAUUSD). The analyst notes that Gold is trading within a range and considers it choppy, which limits trading opportunities. Despite recent consolidation, the weekly closing above $4000 is highlighted as significant, indicating underlying bullish sentiment. The analyst advises holding buy positions. If Gold drops, support is expected around 3930, and further support near 3985 may cause a bounce due to low volume. Resistance will come around 4048 if it breaks this point he expects it to test the 4050. If this goes higher the market will make an attempt on stop loss hunting.