Gold Targets 4,450 as Buying Pressure Builds📊 Market Overview:
XAU/USD is recovering and trading around 4,415–4,420 USD, after bouncing from the 4,390 area. Gold is being supported by a weaker USD, while investors are awaiting U.S. PPI today and CPI to determine the Fed's next direction.
Meanwhile, rising U.S.–Iran tensions and Brent crude staying above $100/barrel continue to increase geopolitical uncertainty, supporting safe-haven demand for gold. However, the U.S. 10Y yield around 4.84% and expectations that the Fed could raise rates in September remain factors weighing on the upside.
📉 Technical Analysis:
• Key Resistance:
4,420–4,430
4,440–4,455
• Nearest Support:
4,395–4,385
4,370–4,355
• EMA 09: Price is currently above the short-term EMA, indicating that recovery momentum remains intact. RSI(14) is around 57, while MACD is positive and short-term indicators are leaning toward Buy.
• Candlestick / Momentum / Volume:
After falling to the 4,390 area, gold attracted buying pressure and quickly recovered above 4,400, showing that buyers are defending short-term support. Price is now approaching 4,420, so profit-taking could emerge around this level.
Momentum is currently tilted to the upside but is not yet strong enough to confirm a major breakout. If U.S. PPI comes in higher than expected, rising yields and a stronger USD could trigger selling pressure from resistance. Conversely, softer inflation data could allow gold to break above 4,420.
📌 Outlook:
Gold could continue rising in the short term if it holds above 4,395–4,400 and breaks above 4,420.
If the H1 candle closes above 4,430, gold could extend its upside toward 4,440–4,455.
Conversely, failure to break 4,420–4,430 followed by a break below 4,395 could send gold back toward 4,385–4,355.
💡 Trading Strategy:
🔻 SELL XAU/USD at: 4,450–4,453
🎯 TP: 40 / 80 / 200 / 300 pips
❌ SL: 4,460
🔺 BUY XAU/USD at: 4,390–4,387
🎯 TP: 40 / 80 / 200 / 300 pips
❌ SL: 4,382 
Long
Long 
Patience is the greatest advantage!As emphasized in the previous article, gold is expected to rise, and pullbacks present buying opportunities. Following our trading plan, we successfully established long positions around 4248, and the market rose as expected, reaching a high of around 4285, allowing us to realize profits once again. Our trading strategy has once again been validated by the market. Going forward, the overall strategy remains unchanged. As long as gold firmly stands above 4220, the bottom reversal signal will be further confirmed. The successful stabilization of the daily chart with a large volume bullish candle indicates that the market's bullish sentiment has clearly warmed up. The short-term pullback is more of a technical correction in the upward process than a weakening trend, and the bullish momentum is not over yet.
From the current structure, after more than a month of repeated consolidation and bottoming, low-level shares have undergone sufficient turnover, making the market foundation more solid. Once the bullish momentum continues, a further continuous upward trend cannot be ruled out. Therefore, in the current trend phase, avoid trying to predict the top, and especially avoid going against the trend. In terms of trading, continue to focus on the 4250-4230 support area. As long as the price pulls back and stabilizes, we can continue to look for buying opportunities. If it continues to break through highs, then we'll see 4330. Long 
XAUUSD Bullish Expansion: Demand Holds as Target Expands to Weak
Market Overview
• Macro Driver: The US Dollar Index (DXY) consolidates lower below 100.80 as post-NFP macro data confirms cooling US labor conditions. With the Federal Reserve expected to maintain its policy rate at 3.50% - 3.75%, capital flow is aggressively shifting back into safe-haven Gold arrays.
• Market Condition: Institutional order flow has completed its re-accumulation phase. Smart money successfully absorbed sell-side liquidity into the discount Premium FVG, validating a strong structural floor for the next macro markup expansion.
Technical Context
• Structure: Bullish Markup & Structural Continuation. The H1 chart confirms that the higher-low structure above the Strong Low (3,996.448) remains completely intact. Price is executing an aggressive upward expansion leg following multiple CHoCH and BOS displacements.
• Imbalance & Liquidity: Buy-side liquidity resting above local highs is being targeted. The algorithm is magnetically drawn toward sweeping the Upper Supply Capped Area (4,115 - 4,125) before aiming directly for the prominent Weak High at 4,165.730.
Key Zones
• Macro Weak High Target: 4,165.73
• Upper Supply Capped Area: 4,115.0 - 4,125.00
• Current Market Delivery: 4,045.16
• Primary Premium FVG (Mitigated Support): 4,015.00 - 4,025.00
• Macro Strong Low Base: 3,996.44
Trading Plan (IF–THEN)
• IF price maintains its bullish momentum above the Premium FVG (4,015 - 4,025) AND continues printing higher-timeframe bullish order flow -> THEN hold/execute Long positions targeting 4,115, with extended expansion targets toward the 4,165.730 Weak High.
• IF price invalidates the setup by establishing an H1 candle close below the Strong Low (3,996.448) -> THEN the immediate bullish expansion narrative is invalidated.
MMFLOW View
• Bias: Bullish Expansion Bias. Selling into this aggressive buy-side momentum carries high risk. Aligning with institutional order flow on discount dips toward upper liquidity targets yields the highest mathematical probability.
Will Gold sweep the 4,165 Weak High in this expansion leg, or do you expect resistance at 4,120? Share your take below!
Long 
[XAUUSD H1] 4,100 Relief Trap Before A Deep Flush To 3,995?
Macro Snapshot:
Gold (XAUUSD) continues its tight consolidation in today's August 4, 2026 session. A resilient US Dollar Index (DXY) alongside elevated Treasury Yields keeps top-side momentum capped for non-yielding bullion. The current short-term recovery off the 4,030 demand zone is primarily a technical liquidity rebalancing leg. Institutional Smart Money is utilizing this counter-trend push as Buy-side Inducement to load premium short positions before executing a broad-market markdown.
SMC Structural Analysis (H1 Perspective):
1. Descending Resistance Trendline & Premium Supply Zone (4,095.000 - 4,105.000): H1 price action remains bound beneath the primary descending trendline drawn from the HH peak. The projected ziczac sequence outlines a clean relief drive to retest the 4,095 - 4,105 supply block at the trendline confluence to absorb remaining retail buy orders.
2. Intermediate Demand Support (4,030.124): Following the trendline retest, distribution pressure is expected to break the ascending support trendline, driving price down to sweep the internal demand block at 4,030.124.
3. Major SSL Floor / Ultimate Discount Area (3,995.000 - 4,005.000): The ultimate magnet for this entire markdown cycle is flushing the 4,000 psychological floor to sweep the heavy Sell-Side Liquidity (SSL) pool where late breakout long stop-losses are clustered before an HTF accumulation phase can form.
IF-THEN Playbook (Execution Scenarios):
- IF price executes a ziczac rally to retest the 4,095 - 4,105 trendline zone and prints a lower-timeframe rejection (M5/M15 CHoCH Reversal) -> THEN prioritize short positions targeting 4,053, 4,030, and 3,995 respectively.
- IF price violently flushes through 3,995 and prints a sharp bullish rejection wick (SSL Sweep) -> THEN prepare counter-trend long plays catching the medium-term recovery wave.
Strategic Metrics Summary:
- Current Floating Price: 4,058.
- Premium Short Entry Zone: 4,095 - 4,105
- Intermediate Target 1: 4,053
- Intermediate Target 2: 4,030
- Ultimate Target 3 (Major SSL Pool): 3,995
- Structural Invalidation: Decisive H1 candle close above 4,118
Trader Question: Will you short the 4,100 trendline retest or wait to buy the 4,000 liquidity floor? Short 
Hello traders Bearish Retest Below Major Resistance
Gold remains under bearish pressure after rejecting the key 4,118 resistance and failing to establish higher highs. The recent pullback from the trendline confirms that sellers are defending the upper supply zone. Price is now approaching a minor resistance around 4,070–4,075, while an unfilled Fair Value Gap (FVG) above continues to act as a potential liquidity area.
As long as price stays below the 4,118 major resistance, the overall market structure remains bearish. A short-term rally into the 4,070–4,100 resistance/FVG zone could provide another selling opportunity if bearish rejection is confirmed. Failure to break above these levels may trigger a fresh decline toward the 4,000 support area, which remains the primary downside target.
Bias: Bearish
Major Resistance: 4,118
Resistance Zone: 4,070–4,100 (FVG)
Target: 4,000 Support Area
Invalidation: A confirmed close above 4,118 would weaken the bearish outlook. Short 
Multi-Rejection Trendline Signals Potential Bearish Pullback Multi-Rejection Trendline Signals Potential Bearish Pullback Toward Major Support
Market Structure Overview
The 4-hour BTC/USDT chart shows price trading beneath a long-term horizontal resistance trendline after experiencing multiple failed breakout attempts. The repeated rejections at nearly the same price level suggest that sellers continue to defend this resistance zone aggressively.
Key Technical Observations
1. Strong Horizontal Resistance
Price has been rejected several times around the $66,000–$67,000 resistance zone.
Multiple rejection points (highlighted with orange circles) confirm this level as a significant supply area.
Until this level is decisively broken, bullish momentum remains limited.
2. Rotated Rectangle (Bearish Continuation Pattern)
The highlighted downward-sloping rectangle represents a bearish corrective channel.
Although price successfully broke above this structure, it has now returned to test another major resistance level.
This previous breakout does not invalidate the current overhead resistance.
3. Lower High Probability
Recent price action is struggling below previous swing highs.
Failure to establish a higher high increases the probability of another rejection.
Trade Scenario
Potential Short Entry
Entry Zone: $64,200–$64,800 (Resistance retest)
Confirmation: Bearish rejection candle or lower-timeframe market structure break.
Invalidation: Sustained 4H close above $66,800–$67,000.
Bearish Target
Primary Target: $58,500–$59,000
This target aligns with:
A previously established demand/support zone.
Historical buying interest.
Potential liquidity resting below recent lows.
Bullish Invalidation
The bearish outlook would weaken if Bitcoin:
Closes decisively above $67,000 on the 4-hour timeframe.
Converts resistance into support with increased trading volume.
Continues forming higher highs and higher lows.
Risk Factors
Unexpected high-volume bullish momentum could trigger a breakout.
Macroeconomic news or crypto-specific catalysts may invalidate the setup.
Always wait for confirmation before entering a trade rather than anticipating the move. 
Short
Technical Analysis – Bullish Recovery Eyes Major Resistance
The 45-minute XAU/USD chart shows that buyers are attempting to regain control after a sharp corrective decline. Price has established a sequence of higher lows from the recent swing bottom, indicating improving short-term market structure. However, the market is still approaching a significant resistance zone where sellers previously entered aggressively.
Market Structure
The recent recovery has formed a short-term bullish trend with higher lows and higher highs.
Price remains above the dynamic support area (around 3,993–4,000), suggesting buyers are defending pullbacks.
The projected move indicates a continuation toward the overhead resistance near 4,067.60, provided current support remains intact.
Key Technical Levels
Immediate Support: 3,993 – 4,000
Current Price: ~4,004
Major Resistance: 4,067 – 4,070
Bullish Target: 4,067.60
Momentum Analysis
Momentum has shifted in favor of the bulls after the recent rebound. The buy signals and rising trend support indicate improving strength, although intermittent sell signals suggest resistance has not been completely cleared. As long as price continues printing higher lows, bullish momentum remains valid.
Bullish Scenario
A sustained hold above the 4,000 support zone could encourage buyers to push toward 4,067. A decisive breakout above this resistance would confirm renewed bullish momentum and may open the door for a continuation toward higher price levels.
Bearish Scenario
Failure to maintain support around 3,993–4,000 would weaken the current bullish structure. A breakdown below this region could trigger profit-taking and expose price to a deeper retracement toward previous demand zones.
Trading Outlook
The overall short-term bias is moderately bullish while price remains above the recent support base. Rather than chasing price higher, traders may prefer waiting for either:
a confirmed breakout above 4,067, or
a bullish pullback into support with strong confirmation.
Bias Summary
Short-Term Bias: Bullish
Confirmation: Higher lows continue to form and price holds above 4,000.
Invalidation: A 45-minute close below 3,993 would weaken the bullish outlook.
Primary Target: 4,067.60
Conclusion: The chart suggests that XAU/USD is attempting to build bullish momentum after its recent recovery. While the path of least resistance currently favors the upside, the 4,067 resistance zone remains the key hurdle. A successful breakout would strengthen the bullish case, whereas rejection from that level could lead to another corrective pullback before the next directional move. Long 
Resistance Rejection Points to Bearish ContinuationMarket Structure
chart shows a strong bearish retracement after a sharp rally toward the 4,150–4,160 area. Price has fallen back into a previously tested resistance/supply zone around 4,050–4,060, where the chart anticipates another rejection.
The overall idea is based on resistance turning into a selling opportunity.
Key Levels
Resistance Zone: 4,050–4,060
Previously acted as support.
Now being retested from below, making it a potential supply zone.
Entry (Sell):
Around 4,055–4,060 after bearish confirmation (rejection candle, engulfing candle, or lower high).
Stop Loss:
Above 4,087.62
This gives room above the resistance and protects against a false breakout.
Target:
3,977.60
Matches the highlighted support area where buyers previously entered.
Trade Logic
The setup suggests:
Price retraces into resistance.
Sellers defend the zone.
Momentum resumes downward.
Price revisits the previous support around 3,980.
This is a classic pullback-to-resistance continuation trade.
Risk-to-Reward
Approximate values:
Risk: ~28–32 points
Reward: ~75–80 points
Risk-to-Reward Ratio: Approximately 1:2.5 to 1:3, which is generally favorable if the setup is confirmed.
Confirmation Signals to Watch
Before entering, look for:
Bearish engulfing candle on the 1H timeframe.
Long upper wick rejection.
Lower highs forming within the resistance zone.
Increasing bearish volume or momentum.
Failure to close above 4,060.
Invalidation
The bearish setup becomes weaker if:
A 1H candle closes decisively above 4,060.
Price breaks and holds above 4,088, indicating buyers have regained control.
Suggested Chart Title
XAU/USD 1H: Resistance Retest Signals Potential Drop Toward 3,977
Alternative titles:
Gold 1H Bearish Setup: Sell the Resistance Retest
XAU/USD Technical Analysis: Pullback into Supply Zone
Gold Forecast: Resistance Rejection Targets 3,977 Support
XAU/USD Short Trade Setup | 1:3 Risk-to-Reward Opportunity Short 
XAU/USD (Gold) 1-Hour Chart AnalysisStructure
The chart shows that Gold is approaching a major resistance zone around 4,085–4,095 after a strong bullish impulse from approximately 4,000. Price has formed a series of higher highs and higher lows, indicating short-term bullish momentum.
However, the current rally is reaching an area where sellers have previously entered the market.
Key Levels
🟩 Resistance Zone
4,085 – 4,095
Price has tested this area before.
Multiple historical reactions suggest institutional selling interest.
This is the decision zone for the next move.
🟥 Support Zone
3,998 – 4,005
Previous breakout area.
Likely demand zone if price pulls back.
Also aligns with psychological support around 4,000.
What the Chart Suggests
The blue projection indicates the expectation that:
Price makes one final push into resistance.
Buyers fail to break above resistance.
Sellers step in.
Gold retraces toward the support zone near 4,000.
This is essentially a resistance rejection setup.
Bearish Confirmation Signals
A short setup becomes more convincing if you see:
Bearish engulfing candle on the 1H chart
Long upper wick rejection
Lower high after touching resistance
Break below the recent higher low
Increasing bearish volume
Without these confirmations, resistance can still break.
Bullish Invalidation
The bearish idea becomes weaker if:
A 1-hour candle closes decisively above 4,095–4,100.
Price retests the resistance as new support and holds.
Buying volume increases on the breakout.
In that case, the next upside targets could be approximately:
4,115
4,130
4,150
Trade Idea (Based on This Chart)
Bias: Bearish (conditional)
Entry: Wait for bearish confirmation inside the 4,085–4,095 resistance zone.
Stop-loss: Above the resistance zone (for example, above 4,100, depending on your risk tolerance).
Target 1: 4,040
Target 2: 4,020
Target 3: 4,000 (the highlighted support area)
This offers a better risk-to-reward profile than selling before confirmation.
Overall Assessment
Current Trend: Short-term bullish.
Key Resistance: 4,085–4,095.
Expected Scenario: A rejection from resistance leading to a pullback toward the 4,000 support area. Short 
Gold is about to choose a direction!Gold is currently continuing its rebound, with prices hovering around 4050. Short-term bullish sentiment has improved, and market confidence has also strengthened. Judging from the current market conditions, gold still has the potential for further upward correction. Therefore, short-term trading strategies should focus more on timing rather than blindly chasing the rally. As prices continue to rebound and complete a short-term breakout, the support level has gradually moved up to the 4045-4025 area. If prices subsequently retrace to this area and stabilize, short-term long opportunities should be closely monitored, and participants should follow the rebound rhythm to participate in the market. However, it should be noted that a rebound does not equate to a reversal. Although gold has completed a key breakthrough in the short term, it still faces strong selling pressure above. The long-term resistance structure has not fundamentally changed. Therefore, it is not advisable to have overly high expectations for the sustainability of this rebound. The key area to watch is 4090-4100, which remains a significant short-term resistance zone. If gold rebounds to this level for the first time and shows signs of resistance, shorting opportunities should be considered, waiting for the price to return to its adjustment phase. Long 
XAUUSD Distribution Phase Signals Potential Bearish ContinuationGold (XAU/USD) on the 1-hour timeframe continues to respect a classic Smart Money Concepts (SMC) market structure, showing a complete market cycle from Accumulation → Manipulation → Distribution. The chart highlights how institutional order flow has influenced price action, with liquidity grabs, Fair Value Gaps (FVGs), Order Blocks (OBs), and Volume Imbalances providing high-probability reaction zones throughout the move.
The initial Accumulation phase established a strong demand base where buyers gradually absorbed selling pressure before initiating a significant bullish expansion. Once liquidity had built above the range, price entered the Manipulation phase, sweeping buy-side liquidity and trapping late buyers before institutional selling pressure emerged. This liquidity grab marked the transition from bullish momentum into a broader distribution environment.
Following the manipulation, price entered a well-defined Distribution range where multiple lower highs and lower lows confirmed weakening bullish strength. During this phase, several Fair Value Gaps (FVGs) acted as premium retracement zones, allowing price to rebalance inefficiencies before sellers regained control. Each retracement into these imbalances resulted in renewed bearish pressure, reinforcing the dominance of sellers.
The highlighted Volume Imbalance further supports the bearish narrative. Price reacted precisely from this inefficient area before continuing lower, suggesting that institutional participants were defending premium prices and using pullbacks to add short positions rather than initiate fresh buying.
At the bottom of the range, the marked Order Block continues to serve as an important demand zone. Recent buying interest from this area indicates that buyers are attempting to defend support. However, unless price can reclaim higher resistance levels and invalidate the current sequence of lower highs, the broader market structure remains bearish.
Currently, XAU/USD is attempting a short-term recovery from the Order Block, but this rebound should be viewed as a corrective move unless buyers achieve a confirmed breakout above the Distribution resistance. As long as price remains below the upper supply zone and previous imbalance areas, sellers may continue using rallies as opportunities to re-enter the market.
Key Levels to Watch:
• Resistance: Fair Value Gap, Volume Imbalance, and the upper Distribution supply zone.
• Support: The highlighted Order Block and recent swing lows.
• Bullish Invalidation: A strong H1 close above the Distribution resistance, confirming a shift in market structure.
• Bearish Confirmation: Rejection from the FVG or Volume Imbalance followed by a break below the Order Block could trigger another leg lower.
Overall, the current price action continues to favor a bearish institutional bias while price trades within the Distribution phase. Traders should monitor liquidity sweeps, market structure shifts (BOS/CHoCH), and reactions around the highlighted imbalance zones before confirming their next trading decision. Patience around these key Smart Money levels may provide higher-probability entries while maintaining disciplined risk management. Gold achieved a resounding victory this week.Gold Price Analysis for Next Monday: Looking at the current market, on the weekly chart, gold's overall trend is weak, with consecutive weekly candlesticks closing lower. The price is under pressure below all moving averages, which are turning downwards and forming strong resistance. Each small rebound lacks buying support, and pullbacks after rallies have become the norm. Key support levels have been breached one after another, and there are currently no signs of a bottom on the weekly chart. The overall downtrend is established, and there is still room for further decline. The resistance level to watch is 4080, and the support level is 3850. On the daily chart, the trend continues to weaken, with the price firmly under pressure below the 5, 10, and 20-day moving averages. The bearish alignment of these moving averages forms layers of resistance, and the Bollinger Bands are widening downwards, with the price closely following the lower band, indicating a clear downtrend. The daily chart clearly shows a bearish trend, and the technical pressure is significant. A strong reversal is unlikely in the short term, and the overall trend is expected to remain weak and volatile downwards. The resistance level to watch is 4020-4050.
Gold Technical Analysis: On the 4-hour chart, the price is consolidating within a range, lacking sustained upward or downward momentum. The price is fluctuating between support and resistance levels, encountering resistance at short-term moving averages and falling back, while finding support near lower levels with some buying. Neither bulls nor bears have established a clear dominant position. Moving averages are flattening, Bollinger Bands are narrowing, and the trading range is continuously compressing. The MACD is crossing below the zero line, indicating alternating bullish and bearish momentum without a clear directional signal. The key resistance level to watch is 4050, while short-term support is at 3960, with a crucial support level at 3940. A break below 3940 would open up further downside potential. In summary, the recommended strategy for gold trading next Monday is to primarily sell on rallies and secondarily buy on dips. The key resistance level to watch in the short term is 4020-4050, while the key support level is 3960-3940. Please keep up with the pace of the market. Short 
Detailed daily analysis is essential tocapitalizingonevery tradeIn today's market, opportunities for both bulls and bears emerge in turn. True trading is not about chasing prices after a trend begins, but about making plans and preparations before the trend arrives. The market changes every day, but trading logic should not follow the crowd. Planning ahead, executing with the trend, and responding flexibly are the keys to maintaining a stable rhythm in complex market conditions. With a clear mind, trading will naturally be more relaxed.
Gold Price Analysis: Gold briefly rebounded at the open yesterday, testing the 4200 level again but failing to hold. The price then continued to fluctuate and correct, retreating below 4130 before rebounding again, but stopping at 4170. The daily chart ultimately closed with a small bearish doji. From the daily chart structure, yesterday's doji indicates a pause in the short-term rebound, which is in line with expectations. However, the main price structure remains above the moving average band, suggesting a potential shift towards a slightly stronger short-term trend. Nevertheless, considering the relatively small short-term volatility, it's unlikely to change the medium-term bearish trend of gold, and the medium-term fundamentals... Market expectations are also more bearish for gold, so the current pullback in gold may only be short-term, a correction of last week's gains. Further confirmation is needed. Technically, continue to watch the battle around the 5-day and 10-day moving averages at 4130 and 4070. If gold can hold above these levels in the short term, there is still a possibility of upward movement, but the upside potential will be limited. If the price falls back below the 5-day and 10-day moving averages in the short term, gold's weakness will be fully apparent, and the possibility of further downward movement will be greater.
Looking at the hourly chart, yesterday's gold price correction and rebound were basically synchronized with the US dollar index, moving in the opposite direction. However, today's further decline in gold appears somewhat independent. This kind of market movement is emotionally driven and further illustrates that the current gold price increase is weak, with sentiment leaning more towards a bearish correction. Combining the daily and hourly charts, we will continue to focus on the 4120-4100 area for intraday support, but the 4090 area is technically more worthy of attention. Therefore, we will continue to regard the 4120-4100 area as a key short-term support level for intraday trading. Intraday, the focus remains on the 4180-4200 range. If gold fails to break above this level today, the short-term rebound may come to an end, and the price may return to a weak and volatile trend.
Today's trading strategy: It is recommended to short in batches around 4180-4200, and to go long in batches if it pulls back to around 4120-4100. Short 
Trading opportunities during market fluctuationsGold Price Analysis: Yesterday, gold prices surged to around 4202 before retreating under pressure, closing with a bearish candlestick with an upper shadow on the daily chart, ending the previous consecutive bullish rebound. Bullish momentum has weakened in this phase. Today, after opening, prices have maintained a narrow range of fluctuation. The hourly chart shows repeated back-and-forth movements around the short-term moving average, indicating intensified competition between bulls and bears. On the 4-hour chart, the MACD histogram continues to narrow, with the price moving from the upper Bollinger Band towards the middle band. From a technical perspective, gold is currently in a narrow consolidation range. $4200 has become a difficult psychological barrier to overcome. Monday's brief breakout followed by a rapid pullback demonstrates significant selling pressure above this level. On the downside, the $4000 psychological level is a crucial support level for the bulls. A break below this level could lead to a further decline towards the lower Bollinger Band around $3948.
Looking at the short-term 4-hour chart, the Bollinger Bands are narrowing, indicating the price is about to choose a new direction. The KDJ indicator shows a bearish crossover with increasing volume, and the MACD is about to form a bearish crossover. On the hourly chart, the Bollinger Bands are widening, and the price has indeed chosen a new direction as expected. The KDJ indicator has formed a golden cross, and the MACD fast line is below the slow line with the energy bars gradually diverging, indicating a price pullback as expected. On the 4-hour chart, the candlestick pattern is under pressure from short-term moving averages, maintaining a slightly weak and volatile trend. The rebound in the previous trading day was not very strong or sustained, and after a small rebound and correction, the price continued to fall. The support zone around 4120-4100 may not hold in the short term. There is currently some divergence on the hourly chart, and after the continuous decline, we should pay attention to the short-term adjustment on the smaller timeframes. In summary, the recommended trading strategy for gold is to primarily sell on rallies and secondarily buy on dips. The key resistance level to watch in the short term is 4170-4200, while the key support level is 4120-4100. Please stay tuned for further updates. Short 
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The market may be approaching a critical turning point!Today's market focus is undoubtedly the U.S. non-farm payrolls (NFP). The ADP employment data released yesterday was weak. As an important forward-looking indicator of non-farm payrolls, if today's non-farm payrolls is also lower than market expectations, it will further strengthen the Fed's interest rate cut expectations, provide strong support for gold, and gold prices are expected to usher in a new round of rising prices.
Technical analysis:
At the 4-hour level, gold returned to the middle track and then stabilized and rebounded, maintaining a slow bullish upward rhythm during the day. Before the data is released, the market is likely to remain volatile and gaining momentum, and the real direction choice still needs to wait for the non-agricultural sector to be implemented.
Focus on the range:
📍 Upper pressure: 4100-4115. After an effective breakthrough, the upside space is expected to open up, with the target focusing on 4160 and 4200.
📍 Lower support: 4030-4010, falling back and stabilizing is still a better intervention area for bulls.
Operation idea:
Before the data is released, the main idea of falling back and going long will be maintained; after the release of non-farm payrolls, the trading strategy will be adjusted as soon as possible based on the actual data and market reaction, follow the trend, and capture the data trends.
Today's non-farm payrolls will determine the next stage of gold's direction. Wait patiently for opportunities. Trading is always more important than prediction! Long 
