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2026 Spot Gold April 28 Summary & Recap
The price broke through the high level; the bulls cut losses and exited, completely taking control of the bearish momentum.
Resistance overhead is at 4630-4650; below, hold the 4550 support. The daily chart shows a large bearish candle, with the bears holding the advantage—no blind, counter-trend bottom fishing.
For the outlook ahead, follow the Federal Reserve’s moves. Rebounds remain the main focus for selling at higher levels. Manage your positions well, and set your stop-losses—let’s follow the rhythm steadily and take the profit. $XAUUSD #XAU