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XAUUSD Weekly Outlook: Bearish Momentum & High-Impact News Ahead! 📉🔥
Hey everyone! 👋 ​Hope you all had a great weekend. I’m looking at Gold (XAUUSD) for this week, and the structure is looking highly interesting. ​Technical Analysis: ​Market Structure: On the higher timeframes (1D and 4H), Gold has broken below the Previous Week Low (PWL) with strong bearish momentum. ​Current Flow: We are seeing consecutive breaks of structure (BOS) and changes of character (CHoCH) to the downside across the 1H and 15m charts. The bears are clearly in control right now. ​Key Areas: I will be watching closely to see if price mitigates the premium supply zones before continuing its bearish run, or if it searches for a solid liquidity sweep at deeper discount levels. ​Fundamental Watch: ​We have a massive week ahead on the economic calendar with plenty of high-impact news data dropping. High volatility is guaranteed, so strict risk management is an absolute must! ​What are your thoughts on Gold this week? Are you looking for shorts on the pullback, or anticipating a reversal? Let's discuss in the comments! 👇 ​#Forex #Gold #XAUUSD #TechnicalAnalysis #MarketOutlook
XAUUSD Weekly Outlook: Bearish Momentum & High-Impact News Ahead! 📉🔥
0 likes • 24d
Great job on the profit, Michael! I agree that patience for candle confirmation is key. From my analysis, the order flow is still firmly bearish, so I am avoiding any buy ideas for the rest of the week and sticking to the downside.
0 likes • 24d
Thanks everyone for sharing your perspectives! It's interesting to see different approaches. Based on my weekly outlook, the market structure is still showing strong bearish momentum. I am personally avoiding any buy setups and will continue to look for sell opportunities as the week progresses.
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0 likes • 25d
Well done😎
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Abrham Tafere
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5points to level up
@abrham-tafere-1455
​"Technical Analyst & Trader | Specialized in Market Structure, Price Action, and Data-Driven Strategies. Building a network of disciplined traders."

Active 11d ago
Joined Jun 10, 2026