Support Holds, Resistance at 4750GOLD (US$/OZ)TVC:GOLDCubedInsight-📊 Market Overview: Gold’s bullish momentum remains sluggish, with price action failing to gain traction and subsequently retreating amid sustained selling pressure. The market is currently in a consolidation phase, with bears attempting to push prices lower while bulls struggle to mount a meaningful counterattack. 🔍 Core Observation: Despite the weak bullish backdrop, the key strong support zone of 4660-4670 has effectively held, successfully curbing further downside momentum from bears and providing a solid floor for price stability. On the upside, resistance is clearly defined near the 4750 level — a decisive breakout above this threshold will unlock additional upside potential, targeting the next resistance zone at 4820–4830. ⚠️ Key Levels: - Support: 4660-4670 (strong core support, critical for preventing further downside) - Resistance: 4750 (key turning point for upside momentum); 4820–4830 (next target if 4750 is broken) 📈 Today’s Trading Strategy: - Go long above the 4660-4670 support area (focus on stable price holding above the zone to avoid false breakouts) - Add to long positions on a decisive breakout above 4750 (confirm the breakout to avoid chasing the price, ensuring risk control)