"I have set the following levels for XAU/USD gold:
Resistance: 2747
Support: 2660
Target for this week: 2660
Stop Loss (SL): 2769
This is my weekly forecast, so please consider this for an overview."
Key Points:
Resistance Level: 2747, indicating a potential area where the price may struggle to rise above.
Support Level: 2660, where the price might find buying interest and possibly bounce back.
Weekly Target: Aiming for a drop to 2660 this week.
Stop Loss: Set at 2769 to limit potential losses if the market moves against the position.
This framework can help guide trading decisions based on current market conditions.