$XAU Gold Chen Yu Jin | Today, gold is highly likely to fluctuate within the 4660-4750 range, with no major one-sided moves.

On the daily chart, last Friday's non-farm payroll data exceeded expectations, but gold only briefly retreated to 4680 before quickly bouncing back, ultimately closing with a small bullish candle with a long lower shadow.
This indicates strong buying interest below, and the bullish trend has not been broken. The 4660-4680 zone is the lifeline for the bulls.
4-hour chart: Bollinger Bands are tightening, with the price oscillating around the middle band at 4700.
The MACD fast and slow lines are flattening above the zero line, and RSI is hovering around 50.
A typical consolidation pattern, with bulls and bears temporarily evenly matched.
Today’s gold: A strategy of selling high and buying low within the 4680-4730 range.
If the price drops below 4678 early in the session, do not rush to short; wait for a rebound to 4660-4663 and stabilize before going long.
If the price breaks above 4730 early, do not chase the long; wait for resistance around 4750 and then short on a rebound.
More real-time strategies depend on live market conditions!