![](https://images.ecency.com/DQmUEhMWvpsonwcocBWy1J78SUkXUesJCDvPLKDGqHhmv7o/gold_2025_03_08_14_55_56.png)

**We'll be analyzing the week candle now as it is closed. The previous week candle started by lifting up to create a wick before crashing down crossing 3 support at 2,900.00, 2,882.14 and 2,860.09 before dragging down to create a low wick of 2,832.77 before pulling back to close at 2,856.99. This indicates a successful break of 3 support and already signaling a reversal to the downtrend, but this may be another trap to make people start selling before breaking out to the upside again as this week's candle start by creating only a little wick below before pushing upwards continuously crossing the 2,900.00 resistance to create a high wick at 2,930.38 before pulling back be still manage to close above the 2,900.00 resistance which means another complete reversal to the uptrend has been created but has manage to lure sell position as it has touch the weekly resistance above before pulling back which means it isn't ready to break above yet and is still in a accumulating phase. The preferably next move of the market next week would be to start crashing down again clearing off buy volume before it can continue on its main trend, and also tricking traders into selling again on its way down before breaking above again. But another detail to note is that whether the next week candle create a wick above before crashing down, if it creates an above wick means it would go down for quite a long time above coming back up. But if it doesn't create an above wick before crashing down it would go back  up soon, from either a pullback or a closed position nearing the weeks closed. That's all I'm  analyzing from the charts for about today, I will be back tomorrow to do some planning for the best entries and solutions in the worst case scenario. So stay tune for the best entries possible.**