Gold Analysis & Trading Strategy | April 1

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Gold Analysis & Trading Strategy | April 1GoldOANDA:XAUUSDGold_Maestroβœ… 4-Hour Trend Analysis: From the 4-hour chart, gold has clearly evolved from a corrective rebound into a stronger bullish structure. After finding support around 4099, the price went through multiple rounds of upward consolidation and has now reclaimed key levels such as 4500 and 4587. It is currently testing higher resistance zones, indicating that bullish momentum on the 4-hour timeframe continues to strengthen. βœ… 1-Hour Trend Analysis: From the 1-hour chart, the short-term trend is even stronger than the 4-hour timeframe, forming a very clear one-sided bullish consolidation structure. Higher lows continue to form, and the price has successively broken through resistance levels at 4523, 4564, and 4588. It has now reached around 4671, showing that short-term bullish momentum is very active. πŸ”΄ Resistance Levels ● 4665 – 4675 (Current short-term primary resistance zone) ● 4748 – 4755 (Key strong resistance zone above) ● Around 4800 (Further upside target zone) 🟒 Support Levels ● 4636 – 4619 (Current near-term support zone) ● 4588 – 4564 (Important support zone for pullbacks) ● 4523 – 4504 (Lower key defensive support zone) βœ… Trading Strategy Reference πŸ”° Long Strategy (Main approach: buy on pullbacks) πŸ‘‰ Entry Zone: Around 4619 – 4636 (Wait for pullback stabilization, enter light long positions) 🎯 Targets: 4665 / 4748 / 4800 πŸ“ Logic: Both the 4-hour and 1-hour charts are in a clear bullish structure. As long as the price does not fall below key support levels, there is still room for further upside in the short term. πŸ”° Short Strategy (Short only near resistance) πŸ‘‰ Entry Zone: Around 4700 – 4748 (Sell on rejection with light positions) 🎯 Targets: 4636 / 4619 / 4588 πŸ“ Logic: The 1-hour chart has risen rapidly. If the resistance zone above cannot be effectively broken, a technical pullback is likely. However, short positions are only suitable for quick, short-term trades. ⚠️ Trend Summary πŸ‘‰ If the price holds above 4665: β†’ The short-term trend may continue to push toward 4748 – 4755 πŸ‘‰ If the price further breaks above 4755: β†’ This indicates continued expansion of the 4-hour bullish trend, with potential to test around 4800 πŸ‘‰ If the price falls below the 4636 – 4619 support zone: β†’ This suggests a slowdown in bullish momentum, and the market may pull back toward 4588 – 4564 first