$XAU is likely to trade with a bullish bias but in a range next week. Strong safe-haven demand, ongoing geopolitical uncertainty, and central bank buying continue to support prices. However, short-term pressure from a firm #USDOLLAR and bond yields may cause brief pullbacks.
Key levels: • Holding above support keeps upside momentum intact. • A clear break above resistance could trigger fresh bullish continuation. • Failure to hold support may lead to short-term consolidation before the next move.
Overall: Trend remains bullish, but expect range-bound movement with buy-the-dip opportunities.