XAUUSD: Market Analysis and Strategy, April 20GoldOANDA:XAUUSDActuaryJGold Analysis: 4-hour chart resistance: 4830, support: 4700. 1-hour chart resistance: 4814, support: 4740. From the weekly chart, last week saw a rise supported by the Bollinger Band middle line. The TRIX trend indicator showed a death cross, and the MACD indicator's downward momentum bars continued to expand, indicating a relatively bearish weekly trend. Today, gold opened lower, falling to $4737 before rebounding, and is currently trading around $4796. The KDJ indicator showed a death cross, and the daily trend leans towards bearish. On the hourly chart, gold rebounded after testing the lows, reaching around $4814 before falling back. The KDJ indicator turned into a death cross after being overbought. The MACD indicator's fast and slow lines are running above the zero line, but the crossover is pointing downwards, and the downward momentum bars are expanding, indicating a short-term bearish trend. Based on the daily chart, the intraday trading strategy for gold is to sell at resistance levels. Key resistance is at $4814, while key support is whether the Asian session low of $4736 can hold. Trading Strategy: SELL: $4815~$4830, SL: $4835, TP: $4780-$4760