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XAUUSD BUY NOW 4535_4533
TP1: 4538
TP2: 4541
TP3: 4544
TP4: 4547
TP5: 4550
SL: 4520
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Gold short-term technical analysis:
It is expected that gold will continue to be constrained by the downward trend line next Monday, likely consolidating weakly around the 4,500-dollar level or breaking down below it in the short term. The price action will show converging volatility, with bears holding the upper hand.
Currently under pressure from a descending triangle, the highs are continuously declining.
$4,540 forms the immediate resistance for any rebound.
The $4,560–$4,570 range represents a strong resistance zone where previous rebounds have repeatedly failed; without a significant volume breakout above this area, any rally should be considered corrective.
The key support is currently around $4,490. If Monday's opening sees a valid break below the $4,500 level, downside momentum will likely
accelerate, potentially testing critical levels at $4,455 and even $4,440. Maintain a primarily sell bias in trading. Also, stay alert to potential weekend news impacts. #XAUUSD#FEDt.me/Jasicagoldsign…
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