Gold prices broke upwards; buy on dips intraday.GoldOANDA:XAUUSDFreja00_GoldenGold prices broke upwards; buy on dips intraday. As shown in the 4-hour chart: Powell just stated over the weekend that there would be no rate cut in December, but gold's movement today was unexpected, forming a triangle pattern and breaking upwards, with prices climbing to around $4085 at one point. Current key resistance level: $4085-$4130. A break above this area could trigger technical buying, leading to further upside potential. Current support level: $4050-$4060. Strong support level: $4000 (the lower limit of the recent trading range and a key defense line for the bulls; a break below this level could lead to a significant price drop to $3900 or even $3850). Specific trading strategy: Intraday trading: 1: Core strategy: Buy low and sell high within the $3950-$4120 trading range. 2. As long as gold prices remain above $4050-$4060, today's trading strategy is to buy on dips, with a stop-loss at $4050 and target prices at $4085-$4100-$4130. 3. Sell on rallies: If gold prices encounter resistance in the $4080-$4100 resistance zone and fall back, consider shorting.