Yesterday, gold prices surged to 4500 but faced resistance and pulled back, U.S. economic data was positive + hawkish comments from the Federal Reserve boosted the dollar, gold retreated to 4426, then due to geopolitical safe-haven buying support, it slightly rebounded at the end of the session, with the daily line closing lower indicating a bullish shakeout, the long-term bullish trend remains intact.

The hourly chart oscillated and broke lower but the downward space narrowed, downward momentum exhausted, the current price is near a key support level, indicators are turning bullish, and there is a short-term rebound demand.

Trading suggestion: Buy low around 4430-4440, target 4480-4500, stop loss at 4420 #Gold