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$XAUUSD
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Core Assessment
Bulls are relatively strong, but the high area needs consolidation and adjustment. Don't chase highs; focus on pullback lows for long positions.
Key Levels
Strong Support: 4530 – 4500
Breakdown Support: 4450
Short-term Resistance: 4600
Strong Resistance: 4650
Today's Trading Strategy
If pullback to 4530–4500 stabilizes, can enter light long positions
Target: 4580 → 4600
Stop Loss: Below 4480
If it rallies to around 4600 facing selling pressure, can enter short positions
Target: 4550 – 4530
Stop Loss: Above 4620
If it effectively breaks below 4500, shift to weak consolidation, watch or enter light short positions targeting 4450