#成长值抽奖赢金条 The gold market previously experienced a strong rebound, with prices starting an upward trend from a low of 4366 points. The bullish momentum continued to be released, with the price soaring to a high of 4595.26, showing impressive gains. After the surge, profit-taking pressure led to a pullback, and gold prices came under pressure, currently trading around 4539.93, entering a consolidation phase. In the short term, the battle between bulls and bears has intensified, but the overall trend remains within a rebound cycle.



From the 1-hour chart's technical pattern, the gold price has consistently relied on the BBI bullish and bearish indicator to climb higher. The indicator provides effective support for the price, and the pullbacks have not broken below the indicator line, clearly showing a sideways upward rhythm. The short-term bullish trend structure remains intact, and the overall market is still dominated by a bullish bias.

Regarding key levels, the 4580–4600 zone above is a dense trading area where multiple previous attempts to break higher were resisted, accumulating a large number of trapped positions and selling pressure, forming a core strong resistance zone. It is highly likely that the price will face resistance and pull back when reaching this level. The 4500–4520 zone below is a critical support area for this rebound and an important position where previous pullbacks stabilized. As long as this zone is not broken effectively, the short-term bullish trend will not change, and the rebound has a solid foundation for continuation.

Based on the overall market trend and key level analysis, focus on the opportunity to retest support early next week. If the gold price falls back to the 4500–4520 support zone and the hourly chart shows signs of stabilization and a turning point upward in the indicator, consider entering a long position with a small amount, strictly managing risk. The first target is around 4560, and the second target is near the resistance at 4580. Once reached, take partial profits and exit. If the price directly breaks through 4600, it can continue to aim higher accordingly.
XAUUSD0.13%
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