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Daily Line: Gold sharply rebounded after oversold, with a strong bullish candle, stabilizing above the 4537 long-short line, stopping the decline and turning upward; overhead resistance at 4773, reversal not confirmed yet.
1 Hour: Short-term bullish trend, strong upward momentum, support at 4543, intraday high at 4595 as the first resistance.
Current judgment: Short-term remains bullish with upward momentum; medium-term still a rebound, with high-level resistance and risk of pullback still present.
Key levels
Support: 4540, 4490
Resistance: 4595, 4700
Trading tips: A pullback to buy low is more reliable, avoid chasing at high levels, strictly set stop-losses, and keep positions light to control risk.
(Technical analysis only, not investment advice)$XAUUSD